EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2021

EARNINGS PER SHARE

Schedule of reconciliation of basic to diluted earnings per share

The following is a reconciliation of basic to diluted earnings per share for the three months ended March 31, 2021 and 2020:

	Three Months Ended
	March 31,
(000’s omitted, except per share data)	2021		2020
Net income	$	52,850	$	40,134
Income attributable to unvested stock-based compensation awards		(130)		(146)
Income available to common shareholders	$	52,720	$	39,988
Weighted-average common shares outstanding – basic		53,845		52,036
Basic earnings per share	$	0.98	$	0.77
Net income	$	52,850	$	40,134
Income attributable to unvested stock-based compensation awards		(130)		(146)
Income available to common shareholders	$	52,720	$	39,988
Weighted-average common shares outstanding – basic		53,845		52,036
Assumed exercise of stock options		438		420
Weighted-average common shares outstanding – diluted		54,283		52,456
Diluted earnings per share	$	0.97	$	0.76