2022

2021

2020

(In thousands, except per share data)

Net income, as reported

$

76,945

$

81,793

$

34,674

Divided by:

Weighted average common shares outstanding

30,823

31,550

29,301

Weighted average common stock equivalents

—

Total weighted average common shares outstanding and common stock equivalents

30,823

31,550

29,301

Basic earnings per common share

$

2.50

$

2.59

$

1.18

Diluted earnings per common share

$

2.50

$

2.59

$

1.18

Dividend Payout ratio

35.2

%

32.4

%

71.2

%