Earnings Per Common Share (EPS) (Tables)

9 Months Ended

Sep. 30, 2023

Earnings Per Share [Abstract]

Schedule of Earnings (Loss) Per Share, Basic and Diluted

The computation of weighted average shares outstanding and the basic and diluted earnings per common share for the three and nine-month periods ended September 30, 2023 and 2022 consisted of the following (in thousands, except per share amounts):

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2023		2022		2023		2022
Net income	$	25,834	$	15,272	$	66,782	$	41,115
Average common shares outstanding		57,682		56,835		57,525		56,707
Basic EPS	$	0.45	$	0.27	$	1.16	$	0.73
Average common shares outstanding		57,682		56,835		57,525		56,707
Effect of dilutive stock awards		693		751		820		866
Total potential shares outstanding		58,375		57,586		58,345		57,573
Diluted EPS	$	0.44	$	0.27	$	1.14	$	0.71
Equity awards excluded as the impact was anti-dilutive (1)		1,242		1,641		1,091		1,612

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