Net Income Per Common Share (Tables)

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

Basic and diluted net income per common share

Basic and diluted net income per common share calculations are as follows for the periods presented:

	Three Months Ended
	March 31,
	2023		2022
Basic
Net income applicable to common stock	$	46,078	$	33,547
Average common shares outstanding	56,008,741		55,809,192
Net income per common share - basic	$	0.82	$	0.60
Diluted
Net income applicable to common stock	$	46,078	$	33,547
Average common shares outstanding	56,008,741		55,809,192
Effect of dilutive stock-based compensation	261,478		272,671
Average common shares outstanding - diluted	56,270,219		56,081,863
Net income per common share - diluted	$	0.82	$	0.60

Schedule of antidilutive securities

Stock-based compensation awards that could potentially dilute basic net income per common share in the future that were not included in the computation of diluted net income per common share due to their anti-dilutive effect were as follows for the periods presented:

	Three Months Ended
	March 31,
	2023	2022
Number of shares	68,771	2,200