EARNINGS PER SHARE

3 Months Ended

Mar. 31, 2022

The following table presents the calculation of basic and diluted earnings per common share from continuing operations:


	Three months ended March 31,
	2022		2021
	(In thousands, except per share amounts)

Earnings from continuing operations	$	175,822	$	51,584
Less: Distributed and undistributed earnings allocated to unvested stock	(881)		(240)
Earnings from continuing operations available to common shareholders	$	174,941	$	51,344










Weighted average common shares outstanding — Basic	51,097		52,289
Effect of dilutive equity awards	1,379		1,111
Weighted average common shares outstanding — Diluted	52,476		53,400

Earnings from continuing operations per common share — Basic	$	3.42	$	0.98
Earnings from continuing operations per common share — Diluted	$	3.35	$	0.97
Anti-dilutive equity awards not included in diluted EPS	461		1,499

Note: Amounts may not be additive due to rounding.