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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2020
Earnings Per Share [Abstract]  
Computations for Basic and Diluted Earnings Per Share

The computations for basic and diluted earnings per share are as follows:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

(shares in thousands)

 

September 30,

 

 

September 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

12,547

 

 

$

8,811

 

 

$

55,494

 

 

$

40,856

 

Loss from discontinued operations, net of income taxes

 

 

 

 

 

(859

)

 

 

 

 

 

(7,490

)

Net income

 

$

12,547

 

 

$

7,952

 

 

$

55,494

 

 

$

33,366

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding — basic

 

 

64,860

 

 

 

63,861

 

 

 

64,726

 

 

 

63,449

 

Effect of stock options and restricted stock units

 

 

1,034

 

 

 

1,210

 

 

 

1,135

 

 

 

1,411

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding — diluted

 

 

65,894

 

 

 

65,071

 

 

 

65,861

 

 

 

64,860

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share from continuing operations — basic

 

$

0.19

 

 

$

0.14

 

 

$

0.86

 

 

$

0.64

 

Earnings per share from continuing operations — diluted

 

$

0.19

 

 

$

0.14

 

 

$

0.84

 

 

$

0.63