| 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 September 30,
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Nine Months Ended September 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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Net income
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$
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26,565
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$
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16,344
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$
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65,346
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$
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27,870
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Less: income allocated to unvested restricted stock
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138
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98
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948
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346
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Income allocated to common shares
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$
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26,427
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$
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16,246
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$
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64,398
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$
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27,524
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Weighted-average shares for basic EPS
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30,474,391
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30,464,263
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30,222,978
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30,276,462
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Basic EPS (1)
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$
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0.87
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$
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0.53
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$
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2.13
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$
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0.91
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Effect of dilutive stock options and unvested performance restricted stock
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77,805
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—
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75,575
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—
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Diluted EPS
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Income allocated to common shares
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$
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26,427
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$
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16,246
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$
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64,398
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$
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27,524
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Weighted-average shares for diluted EPS
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30,552,196
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30,464,263
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30,298,553
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30,276,462
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Diluted EPS (1)
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$
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0.86
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$
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0.53
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$
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2.13
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$
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0.91
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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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