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Earnings Per Common Share (Tables)
3 Months Ended
Mar. 31, 2022
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,

 

 

 

 

2022

 

 

2021

 

 

Net earnings

 

$

18,749

 

 

$

17,927

 

 

Less earnings attributable to RSUs outstanding

 

 

(458

)

 

 

(395

)

 

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

 

 

18,291

 

 

 

17,532

 

 

Weighted average common shares outstanding:

 

 

 

 

 

 

 

 

 

Basic

 

 

46,721

 

 

 

43,872

 

 

Incremental shares from stock-based compensation

 

 

21

 

 

 

3

 

 

Diluted

 

 

46,742

 

 

 

43,875

 

 

Basic earnings per common share

 

$

0.39

 

 

$

0.40

 

 

Diluted earnings per common share

 

$

0.39

 

 

$

0.40