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Earnings Per Common Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Common Share

The following table is a reconciliation of the numerator and denominator used in the computation of basic and diluted earnings per common share using the two-class method (in thousands except per share data):

 

 

Three Months Ended

March 31,

 

 

 

 

2020

 

 

2019

 

 

Net earnings

 

$

12,700

 

 

$

10,927

 

 

Less earnings attributable to RSUs outstanding

 

 

(318

)

 

 

(246

)

 

Net earnings attributable to common stockholders used in basic and diluted earnings per share calculation

 

 

12,382

 

 

 

10,681

 

 

Weighted average common shares outstanding:

 

 

 

 

 

 

 

 

 

Basic

 

 

41,383

 

 

 

40,873

 

 

Incremental shares from stock-based compensation

 

 

8

 

 

 

18

 

 

Diluted

 

 

41,391

 

 

 

40,891

 

 

Basic earnings per common share

 

$

0.30

 

 

$

0.26

 

 

Diluted earnings per common share

 

$

0.30

 

 

$

0.26