Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2021

Earnings Per Share [Abstract]

Summary Of Computation Of Basic And Diluted Earnings Per Common Share

The following table sets forth the computation of basic and diluted earnings per common share for the three months and six months ended June 30, 2021 and 2020.

 

	Three Months Ended June 30,				Six Months Ended June 30,
(In thousands, except share and per common share data)	2021		2020		2021		2020
Numerator:
Net income	$	39,132	$	29,505	$	81,963	$	51,877
Denominator:
Weighted-average common shares outstanding	16,340,690		16,296,427		16,327,838		16,300,015
Effect of dilutive PBRSUs and TBRSUs	132,110		79,007		127,835		100,642
Weighted-average common shares outstanding adjusted for the effect of dilutive PBRSUs and TBRSUs	16,472,800		16,375,434		16,455,673		16,400,657
Earnings per common share:
Basic earnings per common share	$	2.39	$	1.81	$	5.02	$	3.18
Diluted earnings per common share	$	2.38	$	1.80	$	4.98	$	3.16