Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2020

Earnings per Share and Weighted Average Shares Outstanding Used in Calculating Basic and Diluted Earnings per Share

The following table illustrates earnings per share and the weighted average shares outstanding used in calculating basic and diluted earnings per share:

	Year Ended December 31,
	2020		2019		2018
Net income	$	59,690	$	48,866	$	41,899

Basic weighted average shares of Common Stock outstanding		32,666,025		33,120,076		35,920,782
Dilutive effect of stock options, restricted stock awards and restricted stock units		362,079		177,513		256,362
Diluted weighted average shares of Common Stock outstanding		33,028,104		33,297,589		36,177,144

Basic earnings per share	$	1.83	$	1.48	$	1.17
Diluted earnings per share	$	1.81	$	1.47	$	1.16

Common Stock Issuable upon Exercise of Certain Stock Options

The following table represents Common Stock issuable upon the exercise of certain stock options that have been excluded from the diluted earnings calculation because the effect of their inclusion would be anti-dilutive.

	Year Ended December 31,
	2020		2019		2018
Anti-dilutive securities share impact		12,000		214,000		898,250