Earnings Per Share

3 Months Ended

Mar. 31, 2022

Earnings Per Share

Earnings Per Share

Note 10 – Earnings Per Share

The earnings per share, both basic and diluted, are as follows:

	Three Months Ended March 31,
	2022		2021
Basic earnings per share:
Weighted-average common shares outstanding		44,461,045		29,225,775
Net income	$	12,020	$	11,879
Basic earnings per share	$	0.27	$	0.41
Diluted earnings per share:
Weighted-average common shares outstanding		44,461,045		29,225,775
Dilutive effect of unvested restricted awards 1		700,670		558,982
Diluted average common shares outstanding		45,161,715		29,784,757
Net Income	$	12,020	$	11,879
Diluted earnings per share	$	0.27	$	0.40
1 Includes the common stock equivalents for restricted share rights that are dilutive.