Earnings Per Common Share (EPS)

12 Months Ended

Dec. 31, 2022

Earnings Per Share [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 (loss) per common share for the following periods consisted of the following (in thousands, except per share amounts):

	2022		2021		2020
Net income (loss)	$	74,516	$	48,454	$	(9,843)
Average common shares outstanding		56,806		56,145		55,434
Basic EPS	$	1.31	$	0.86	$	(0.18)
Average common shares outstanding		56,806		56,145		55,434
Effect of dilutive stock awards		865		1,214		—
Total potential shares outstanding		57,671		57,359		55,434
Diluted EPS	$	1.29	$	0.84	$	(0.18)
Equity awards excluded as the impact was anti-dilutive (1)		1,438		799		4,216

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