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Earnings Per Share
9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Earnings Per Share

NOTE 3. Earnings Per Share

The following is a reconciliation of our earnings per share (in thousands, except for per share data):

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

$

87,325

 

 

$

43,338

 

 

$

277,674

 

 

$

87,160

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding - basic

 

33,145

 

 

 

33,433

 

 

 

33,480

 

 

 

33,427

 

 

 

 

 

 

 

 

 

 

 

 

 

Dilutive effect of stock options and restricted stock

 

376

 

 

 

440

 

 

 

327

 

 

 

415

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding - diluted

 

33,521

 

 

 

33,873

 

 

 

33,807

 

 

 

33,842

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share - basic

$

2.63

 

 

$

1.30

 

 

$

8.29

 

 

$

2.61

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share - diluted

$

2.61

 

 

$

1.28

 

 

$

8.21

 

 

$

2.58