Earnings Per Common Share (Tables)

12 Months Ended

Dec. 31, 2019

Earnings per common share are calculated as follows:

	For the Years Ended December 31,
(in thousands, except shares and per share amounts)	2019		2018		2017
Numerator for both basic and diluted earnings per common share:
Net income	$	158,873	$	143,112	$	94,482
Denominator:
Total average basic common shares outstanding		56,108,084		48,889,041		44,003,208
Effect of dilutive stock options and other stock compensation		106,280		133,949		72,085
Total diluted average common shares outstanding		56,214,364		49,022,990		44,075,293
Earnings per common share—basic	$	2.83	$	2.93	$	2.15
Earnings per common share—diluted		2.83		2.92		2.14