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Earnings Per Common Share (Tables)
6 Months Ended
Jun. 30, 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

June 30,

 

 

Six Months Ended

June 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Net earnings

 

$

10,973

 

 

$

13,198

 

 

$

23,673

 

 

$

24,125

 

Less earnings attributable to RSUs outstanding

 

 

(318

)

 

 

(246

)

 

 

(635

)

 

 

(491

)

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

 

 

10,655

 

 

 

12,952

 

 

 

23,038

 

 

 

23,634

 

Weighted average common shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

41,456

 

 

 

41,024

 

 

 

41,420

 

 

 

40,949

 

Incremental shares from stock-based compensation

 

 

11

 

 

 

25

 

 

 

25

 

 

 

19

 

Diluted

 

 

41,467

 

 

 

41,049

 

 

 

41,445

 

 

 

40,968

 

Basic earnings per common share

 

$

0.26

 

 

$

0.32

 

 

$

0.56

 

 

$

0.58

 

Diluted earnings per common share

 

$

0.26

 

 

$

0.32

 

 

$

0.56

 

 

$

0.58