Earnings Per Common Share (Tables)

3 Months Ended

Mar. 31, 2019

Earnings Per Share [Abstract]

Components of Basic and Diluted Earnings Per Share

The components of basic and diluted earnings per share were as follows for the three-month periods ended March 31, 2019 and 2018:

	Three Months Ended March 31,
(In Thousands, Except Share Data)	2019				2018
	Basic		Diluted		Basic			Diluted
Net income (loss) from continuing operations	$	44,521	$	44,521	$	20,364		$	20,364
Weighted-average common shares outstanding	25,130,961		25,130,961		24,915,772			24,915,772
Add dilutive effect of restricted stock unit awards	—		260,829		—			290,083
Add dilutive effect of stock options	—		212,478		—			252,235
Weighted-average common shares outstanding	25,130,961		25,604,268		24,915,772			25,458,090
Earnings per common share from continuing operations	$	1.77	$	1.74	$	0.82		$	0.80
Earnings (loss) per common share from discontinued operations	—		—		(0.08		)	(0.07		)
Gain on sale of discontinued operations, net of taxes	—		—		1.10			1.07
Earnings per common share	$	1.77	$	1.74	$	1.84		$	1.80
Awards excluded from diluted earnings per share calculation(1)	—		63,897		—			—

(1)

Outstanding awards that are not "in-the-money" are excluded from the diluted earnings per share calculation because the effect of including them would have been anti-dilutive.