CALCULATION OF EARNINGS PER COMMON SHARE

12 Months Ended

Dec. 31, 2021

Earnings Per Share [Abstract]

CALCULATION OF EARNINGS PER COMMON SHARE

CALCULATION OF EARNINGS PER COMMON SHARE

The following tables show the calculation of earnings per common share (in thousands, except per share data):

	Years Ended December 31
	2021		2020		2019
Net income	$	201,048	$	115,928	$	146,278
Weighted average number of common shares outstanding
Basic	34,610,056		35,264,252		34,868,434
Diluted	34,919,188		35,528,848		34,967,684
Earnings per common share
Basic	$	5.81	$	3.29	$	4.20
Diluted	$	5.76	$	3.26	$	4.18

At December 31, 2021, 2020 and 2019 there were 476,222, 578,136, and 367,230, respectively, of issued but unvested restricted stock shares and units that were included in the computation of diluted earnings per share.