| NET INCOME PER COMMON SHARE Income per common share is calculated for the years ended December 31, 2021, 2020 and 2019 as follows:
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| (thousands except per share data) |
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2021 |
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2020 |
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2019 |
| Net income |
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$ |
224,915
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$ |
97,061 |
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$ |
89,566 |
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| Weighted average common shares outstanding - basic |
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22,780
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22,730 |
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23,058 |
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| Effect of potentially dilutive securities |
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575
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357 |
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222 |
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| Weighted average common shares outstanding - diluted |
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23,355
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23,087 |
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23,280 |
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| Basic net income per common share |
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$ |
9.87
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$ |
4.27 |
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$ |
3.88 |
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| Diluted net income per common share |
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$ |
9.63
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$ |
4.20 |
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$ |
3.85 |
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| Cash dividends paid per common share |
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$ |
1.17
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$ |
1.03 |
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$ |
0.25 |
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