Reconciliation of Components Used to Derive Basic and Diluted EPS |
The following table is a reconciliation of the components used to derive basic and diluted EPS for the periods indicated:
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Three Months Ended June 30,
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Six Months Ended June 30,
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2021
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2020
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2021
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2020
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Basic EPS
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|
|
|
|
|
|
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|
|
|
|
|
|
|
|
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Net income
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|
$
|
22,122
|
|
|
$
|
9,175
|
|
|
$
|
38,781
|
|
|
$
|
11,526
|
|
Less: income allocated to unvested restricted stock
|
|
|
175
|
|
|
|
55
|
|
|
|
295
|
|
|
|
80
|
|
Income allocated to common shares
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|
$
|
21,947
|
|
|
$
|
9,120
|
|
|
$
|
38,486
|
|
|
$
|
11,446
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Weighted-average shares for basic EPS
|
|
|
30,442,993
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|
|
|
30,426,967
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|
|
|
30,452,320
|
|
|
|
30,447,984
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Basic EPS (1)
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|
$
|
0.72
|
|
|
$
|
0.30
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|
|
$
|
1.26
|
|
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$
|
0.38
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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Effect of dilutive stock options and unvested performance restricted stock
|
|
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77,463
|
|
|
|
—
|
|
|
|
73,800
|
|
|
|
2,247
|
|
|
|
|
|
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|
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Diluted EPS
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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Income allocated to common shares
|
|
$
|
21,947
|
|
|
$
|
9,120
|
|
|
$
|
38,486
|
|
|
$
|
11,446
|
|
Weighted-average shares for diluted EPS
|
|
|
30,520,456
|
|
|
|
30,426,967
|
|
|
|
30,526,120
|
|
|
|
30,450,231
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Diluted EPS (1)
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|
$
|
0.72
|
|
|
$
|
0.30
|
|
|
$
|
1.26
|
|
|
$
|
0.38
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(1)
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Per share amounts may not be able to be recalculated using net income and weighted-average shares presented above due to rounding.
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