2021

2020

2019

(In thousands, except per share data)

Net income, as reported

$

81,793

$

34,674

$

41,279

Divided by:

Weighted average common shares outstanding

31,550

29,301

28,709

Weighted average common stock equivalents

—

Total weighted average common shares outstanding and common stock equivalents

31,550

29,301

28,709

Basic earnings per common share

$

2.59

$

1.18

$

1.44

Diluted earnings per common share

$

2.59

$

1.18

$

1.44

Dividend Payout ratio

32.4

%

71.2

%

58.3

%