Earnings Per Common Share (EPS)

9 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

Earnings (Loss) Per Common Share (EPS)

11.   Earnings Per Common Share (EPS). The computation of weighted average shares outstanding and the basic and diluted earnings per common share for the three and nine-month periods ended September 30, 2022 and 2021 consisted of the following (in thousands, except per share amounts):

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2022		2021		2022		2021
Net income	$	15,272	$	11,967	$	41,115	$	27,841
Average common shares outstanding		56,835		56,302		56,707		56,033
Basic EPS	$	0.27	$	0.21	$	0.73	$	0.50
Average common shares outstanding		56,835		56,302		56,707		56,033
Effect of dilutive stock awards		751		1,247		866		1,241
Total potential shares outstanding		57,586		57,549		57,573		57,274
Diluted EPS	$	0.27	$	0.21	$	0.71	$	0.49
Equity awards excluded as the impact was anti-dilutive (1)		1,641		419		1,612		815

(1) Does not reflect the impact of incremental repurchases under the treasury stock method.