Three Months

Nine Months

Ended September 30,

(In thousands, except per share amounts)

2020

2019

2020

2019

Numerator:

Net income

$

18,044

$

16,587

$

49,896

$

45,323

Denominator:

Basic earnings per common share - weighted-average shares

82,672

81,982

82,472

81,912

Effect of dilutive stock options

607

719

626

706

Diluted earnings per common share - weighted-average shares and assumed conversions

83,279

82,701

83,098

82,618

Basic earnings per common share

$

0.22

$

0.20

$

0.61

$

0.55

Diluted earnings per common share

$

0.22

$

0.20

$

0.60

$

0.55