Earnings per Common Share (Tables)

3 Months Ended

Mar. 31, 2021

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted EPS for the periods presented:

	Three Months Ended
	March 31,
	2021		2020
	(in thousands except per share amounts)
Basic EPS:
Net income	$	51,853	$	14,628
Less: Earnings allocated to participating securities:
Nonvested restricted shares	155		249
Earnings allocated to common shareholders	$	51,698	$	14,379
Weighted average common shares outstanding	70,869		71,206
Basic earnings per common share	$	0.73	$	0.20
Diluted EPS:
Earnings allocated to common shareholders	$	51,698	$	14,379
Weighted average common shares outstanding	70,869		71,206
Dilutive effect of equity awards	240		58
Weighted average diluted common shares outstanding	71,109		71,264
Diluted earnings per common share	$	0.73	$	0.20
Potentially dilutive RSAs and RSUs that were not included in the computation of diluted EPS because to do so would be anti-dilutive	70		6