Earnings Per Common Share (Tables)

3 Months Ended

Mar. 31, 2022

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, 2022 and 2021:

	Three Months Ended March 31,
(In Thousands, Except Share Data)	2022				2021
	Basic		Diluted		Basic		Diluted
Net income	$	28,349	$	28,349	$	18,702	$	18,702
Weighted-average common shares outstanding	25,100,885		25,100,885		25,085,914		25,085,914
Add dilutive effect of restricted stock unit awards	—		222,220		—		229,930
Add dilutive effect of stock options	—		—		—		63,968
Weighted-average common shares outstanding	25,100,885		25,323,105		25,085,914		25,379,812
Earnings per common share	$	1.13	$	1.12	$	0.75	$	0.74
Awards excluded from diluted earnings per share calculation(1)	—		822,375		—		515,984

(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.