Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2022

Earnings Per Share [Abstract]

Computations of Basic and Diluted Net Income per Share

Basic earnings per share is calculated by dividing net income by the weighted average shares outstanding. Diluted earnings per share is calculated using the treasury stock method by dividing net income by the total weighted average shares of common stock outstanding and restricted stock awards. The computations of basic and diluted net income per share were as follows (in thousands, except per share amounts):

	Three Months Ended March 31,
	2022		2021
Basic:
Net income	$	17,454	$	15,950
Weighted average shares outstanding		26,237		26,393
Basic net income per share	$	0.67	$	0.60
Diluted:
Net income	$	17,454	$	15,950
Weighted average shares outstanding		26,237		26,393
Restricted stock awards		256		494
Total		26,493		26,887
Diluted net income per share	$	0.66	$	0.59