Earnings (Loss) Per Common Share (EPS)

6 Months Ended

Jun. 30, 2022

Earnings Per Share, Basic and Diluted [Abstract]

Earnings (Loss) Per Common Share (EPS)

11.   Earnings Per Common Share (EPS). The computation of weighted average shares outstanding and the basic and diluted earnings per common share for the three and six-month periods ended June 30, 2022 and 2021 consisted of the following (in thousands, except per share amounts):

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2022		2021		2022		2021
Net income	$	15,298	$	4,916	$	25,843	$	15,874
Average common shares outstanding		56,691		56,061		56,642		55,890
Basic EPS	$	0.27	$	0.09	$	0.46	$	0.28
Average common shares outstanding		56,691		56,061		56,642		55,890
Effect of dilutive stock awards		909		1,216		923		1,238
Total potential shares outstanding		57,600		57,277		57,565		57,128
Diluted EPS	$	0.27	$	0.09	$	0.45	$	0.28
Equity awards excluded as the impact was anti-dilutive (1)		1,641		990		1,597		1,016

(1) Does not reflect the impact of incremental repurchases under the treasury stock method.