Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2020

Earnings Per Share [Abstract]

Calculation of Basic and Diluted Earnings per Share

The following table sets forth the calculation of basic and diluted earnings per share:

		Three Months Ended				Nine Months Ended
		September 30,				September 30,
(in thousands, except per share data)			2020		2019		2020		2019
Net income		$	5,915	$	7,136	$	6,360	$	30,356
Denominator for basic earnings per share -
	weighted-average number of common
	shares outstanding during the period		36,467		37,419		36,565		38,813
Incremental common shares attributable to
	exercise of dilutive options		22		80		36		77
Incremental common shares attributable
	to outstanding restricted stock units		55		146		220		294
Denominator for diluted earnings per share			36,544		37,645		36,821		39,184
Basic earnings per share		$	0.16	$	0.19	$	0.17	$	0.78
Diluted earnings per share		$	0.16	$	0.19	$	0.17	$	0.77