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Earnings Per Common Share
 3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Earnings Per Common Share

NOTE 14. EARNINGS PER COMMON SHARE

The following table presents the computation of basic and diluted earnings per common share for the three months ended March 31 (in thousands, except per share amounts):

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

Net income

 

$

71,565

 

 

$

68,017

 

Denominator:

 

 

 

 

 

 

Weighted-average number of common shares outstanding-basic

 

 

71,787

 

 

 

69,293

 

Effect of dilutive securities:

 

 

 

 

 

 

Performance and restricted stock awards

 

 

143

 

 

 

213

 

Weighted-average number of common shares outstanding-diluted

 

 

71,930

 

 

 

69,506

 

Earnings per common share:

 

 

 

 

 

 

Basic

 

$

1.00

 

 

$

0.98

 

Diluted

 

$

0.99

 

 

$

0.98

 

There were no shares excluded from the calculation because they were antidilutive.