EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 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 and six months ended June 30, 2021 and 2020:

	Three Months Ended				Six Months Ended
	June 30,				June 30,
(000’s omitted, except per share data)	2021		2020		2021		2020
Net income	$	47,944	$	35,248	$	100,794	$	75,382
Income attributable to unvested stock-based compensation awards		(127)		(127)		(263)		(264)
Income available to common shareholders	$	47,817	$	35,121	$	100,531	$	75,118
Weighted-average common shares outstanding – basic		54,007		52,487		53,927		52,262
Basic earnings per share	$	0.89	$	0.67	$	1.86	$	1.44
Net income	$	47,944	$	35,248	$	100,794	$	75,382
Income attributable to unvested stock-based compensation awards		(127)		(127)		(263)		(264)
Income available to common shareholders	$	47,817	$	35,121	$	100,531	$	75,118
Weighted-average common shares outstanding – basic		54,007		52,487		53,927		52,262
Assumed exercise of stock options		462		339		455		372
Weighted-average common shares outstanding – diluted		54,469		52,826		54,382		52,634
Diluted earnings per share	$	0.88	$	0.66	$	1.85	$	1.43