Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2020

Earnings Per Share

Schedule of Earnings Per Share

The earnings per share, both basic and diluted, are included below as of December 31, (in thousands except for per share data):

	2020		2019		2018
Basic earnings per share:
Weighted-average common shares outstanding		29,623,333		29,891,046		29,728,308
Net income	$	27,825	$	39,455	$	34,012
Basic earnings per share	$	0.94	$	1.32	$	1.14
Diluted earnings per share:
Weighted-average common shares outstanding		29,623,333		29,891,046		29,728,308
Dilutive effect of unvested restricted awards 1		550,739		525,302		532,692
Dilutive effect of stock options and warrants		-		-		47,935
Diluted average common shares outstanding		30,174,072		30,416,348		30,308,935
Net Income	$	27,825	$	39,455	$	34,012
Diluted earnings per share	$	0.92	$	1.30	$	1.12

¹ Includes the common stock equivalents for restricted share rights that are dilutive.