Net Income per Share (Tables)

9 Months Ended

Sep. 30, 2021

Earnings Per Share [Abstract]

Summary of the net income allocated to common shares and the basic and diluted shares used in the net income per share computations

The following table summarizes the net income allocated to common shares and the basic and diluted shares used in the net income per share computations:

	Three Months Ended September 30,				Nine Months Ended September 30,
(in thousands)	2021		2020		2021		2020
Net income	$	27,296	$	20,009	$	114,372	$	133,952
Less distributed and undistributed earnings allocated to participating securities	(39)		(104)		(219)		(792)
Net income allocated to common shares	$	27,257	$	19,905	$	114,153	$	133,160
Weighted average common shares outstanding	38,524		38,507		38,445		38,625
Incremental shares from assumed time-vested and performance-based RSU awards	357		234		404		193
Adjusted weighted average common shares outstanding	38,881		38,741		38,849		38,818