Earnings Per Common Share (EPS)

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Earnings 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 six-month periods ended June 30, 2023 and 2022 consisted of the following (in thousands, except per share amounts):

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2023		2022		2023		2022
Net income	$	20,245	$	15,298	$	40,948	$	25,843
Average common shares outstanding		57,537		56,691		57,445		56,642
Basic EPS	$	0.35	$	0.27	$	0.71	$	0.46
Average common shares outstanding		57,537		56,691		57,445		56,642
Effect of dilutive stock awards		936		909		884		923
Total potential shares outstanding		58,473		57,600		58,329		57,565
Diluted EPS	$	0.35	$	0.27	$	0.70	$	0.45
Equity awards excluded as the impact was anti-dilutive (1)		1,114		1,641		1,014		1,597

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