Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Computation of Earnings Per Share

Potential common shares that may be issued by the Company relate to outstanding stock options and restricted stock units (RSUs), and are determined using the treasury stock method. Earnings per share have been computed based on the following:

	Three months ended March 31,
(in thousands)	2020		2019
Net income	$	16,121	$	22,726
Average number of common shares outstanding	30,395		30,424
Effect of dilutive stock options and restricted stock	128		234
Average number of common shares outstanding used to calculate diluted earnings per share	30,523		30,658
Options excluded from diluted earnings per share because the effect of these options was antidilutive	—		—