Earnings per Share

6 Months Ended

Jun. 30, 2022

Earnings per share and the weighted average shares outstanding used in calculating basic and diluted earnings per share are as follows for the three and six months ended June 30, (in thousands):


	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Numerator:
Income from continuing operations	$	29,307	$	26,373	$	44,763	$	36,869
(Loss) income from discontinued operations	—		(424)		—		1,842
Net income available to common stockholders	$	29,307	$	25,949	$	44,763	$	38,711
Denominator for basic earnings per share:
Weighted average shares outstanding	32,585		32,790		32,748		32,791
Denominator for diluted earnings per share:
Weighted average shares outstanding	32,585		32,790		32,748		32,791
Common stock options and stock units	75		266		95		280
Weighted average shares and conversions	32,660		33,056		32,843		33,071

The weighted average number of diluted shares does not include potential anti-dilutive common shares issuable pursuant to equity based incentive compensation awards. There were 225,000 and 52,000 shares issuable pursuant to equity based incentive compensation awards excluded from the diluted earnings per share calculation because the effect of their inclusion would be anti-dilutive for the three months ended June 30, 2022 and 2021, respectively. There were 65,000 anti-dilutive shares outstanding for the six months ended June 30, 2022 and no shares issuable pursuant to equity based incentive compensation awards excluded from the diluted earnings calculation for the six months ended June 30, 2021.