NET INCOME PER SHARE

3 Months Ended

Mar. 31, 2023

Basic and diluted net income per share was as follows:


	Three Months Ended March 31,
Dollars in thousands, except per share amounts	2023		2022
Basic net income per share:
Net income	$	24,226	$	32,901
Weighted average common shares outstanding	81,871		83,632

Basic net income per common share	$	0.30	$	0.39

Diluted net income per share:
Net income	$	24,226	$	32,901

Weighted average common shares outstanding — Basic	81,871		83,632
Effect of dilutive securities:
Stock options and restricted stock	452		644
Weighted average common shares for diluted earnings per share	82,323		84,276

Diluted net income per common share	$	0.29	$	0.39

Common stock of approximately 0.3 million and 0.2 million shares at March 31, 2023, and 2022, respectively that are issuable through exercise of dilutive securities were not included in the computation of diluted net income per share because their effect would have been anti-dilutive.