Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE

v3.21.2
EARNINGS PER SHARE
9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
Basic and diluted earnings per common share were calculated as follows (in thousands, except per share amounts):
 
Three Months Ended September 30, Nine Months Ended September 30,
2021 2020 2021 2020
Basic weighted average number of shares outstanding 37,647  37,607  37,703  37,763 
Effect of dilutive securities:
Unvested restricted stock 582  798  582  728 
Diluted average shares outstanding 38,229  38,405  38,285  38,491 
Net earnings $ 200,752  $ 109,118  $ 499,984  $ 270,948 
Basic earnings per share $ 5.33  $ 2.90  $ 13.26  $ 7.17 
Diluted earnings per share $ 5.25  $ 2.84  $ 13.06  $ 7.04