Earnings per Share

12 Months Ended

Dec. 31, 2023

Earnings per share have been computed based on the following:


	Year Ended December 31,
(in thousands)	2023		2022		2021
Net income	$	117,390	$	125,419	$	117,655
Average number of common shares outstanding	33,261		32,584		29,721
Effect of dilutive stock options and restricted stock	94		137		161
Average number of common shares outstanding used to calculate diluted earnings per share	33,355		32,721		29,882
Equity awards excluded from diluted earnings per share because their effect was antidilutive	—		—		—