Earnings Per Share

9 Months Ended

Sep. 30, 2019

Earnings Per Share [Abstract]

Earnings Per Share

NOTE 5. 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,
	2019		2018		2019		2018
Net income from continuing operations for basic and diluted earnings per share	$	26,105	$	25,764	$	79,216	$	53,987
Net income from discontinued operations for basic and diluted earnings per share		-		88,846		-		98,842
Net income		26,105		114,610		79,216		152,829
Weighted average shares outstanding - basic		33,034		33,399		33,385		33,387
Dilutive effect of stock options and restricted stock		231		206		137		161
Weighted average shares outstanding - diluted		33,265		33,605		33,522		33,548
Earnings per share from continuing operations
Basic	$	0.79	$	0.77	$	2.37	$	1.62
Diluted	$	0.78	$	0.77	$	2.36	$	1.61
Earnings per share from discontinued operations
Basic	$	-	$	2.66	$	-	$	2.96
Diluted	$	-	$	2.64	$	-	$	2.95
Earnings per share net income
Basic	$	0.79	$	3.43	$	2.37	$	4.58
Diluted	$	0.78	$	3.41	$	2.36	$	4.56