EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 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 nine months ended September 30, 2021 and 2020:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(000’s omitted, except per share data)	2021		2020		2021		2020
Net income	$	45,336	$	42,809	$	146,130	$	118,191
Income attributable to unvested stock-based compensation awards		(110)		(147)		(340)		(432)
Income available to common shareholders	$	45,226	$	42,662	$	145,790	$	117,759
Weighted-average common shares outstanding – basic		54,025		53,650		53,960		52,727
Basic earnings per share	$	0.84	$	0.80	$	2.70	$	2.23
Net income	$	45,336	$	42,809	$	146,130	$	118,191
Income attributable to unvested stock-based compensation awards		(110)		(147)		(340)		(432)
Income available to common shareholders	$	45,226	$	42,662	$	145,790	$	117,759
Weighted-average common shares outstanding – basic		54,025		53,650		53,960		52,727
Assumed exercise of stock options		385		324		431		356
Weighted-average common shares outstanding – diluted		54,410		53,974		54,391		53,083
Diluted earnings per share	$	0.83	$	0.79	$	2.68	$	2.22