Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share:

	Three Months Ended				Nine Months Ended
	September 30, 2022		September 30, 2021		September 30, 2022		September 30, 2021
Numerator:	(in thousands, except share and per share data)
Net income	$	27,473	$	15,581	$	61,478	$	52,572
Denominator:
Basic weighted average shares	53,185,324		52,420,711		53,029,284		52,392,300
Effect of dilutive shares related to stock based compensation1	773,391		1,125,802		757,210		1,272,697
Effect of dilutive shares related to contingent consideration2	—		—		135,371		—
Diluted weighted average shares	53,958,715		53,546,513		53,921,865		53,664,997
Earnings per share:
Basic	$	0.52	$	0.30	$	1.16	$	1.00
Dilutive	$	0.51	$	0.29	$	1.14	$	0.98
Anti-dilutive shares:
Shares	764,505		375,428		693,898		291,236
1 Dilutive shares related to stock options, restricted stock, PSUs and Key Employee Awards (Note 13)
2 Dilutive shares related to contingent shares issued to the former owners of BasX (Note 3 & Note 16)