Earnings per Share

12 Months Ended

Dec. 31, 2020

Earnings Per Share [Abstract]

Earnings per Share

Earnings per Share

Earnings per share have been computed based on the following:

	Year Ended December 31,
(in thousands)	2020		2019		2018
Net income	$	64,814	$	92,072	$	68,320
Average number of common shares outstanding	29,917		30,478		26,593
Effect of dilutive stock options and restricted stock	111		167		287
Average number of common shares outstanding used to calculate diluted earnings per share	30,028		30,645		26,880
Options excluded from diluted earnings per share because the effect of these options was antidilutive	—		—		10,056