NET INCOME PER COMMON SHARE (Tables)

12 Months Ended

Dec. 31, 2023

Earnings Per Share [Abstract]

Schedule of Earnings Per Share

The following table is a reconciliation of net income and the shares used in calculating basic and diluted net income per common share for the years ended December 31, 2023, 2022 and 2021 (in thousands, except share and per share data):

	Year Ended December 31,
	2023			2022			2021
Numerator:
Net income	$	203,011		$	210,061		$	184,213
Adjustment for Basic EPS:
Earnings allocated to unvested shareholders		(993	)		(1,215	)		(1,137	)
Adjusted net income	$	202,018		$	208,846		$	183,076
Denominator:
Weighted average common shares outstanding – Basic		47,559,669			47,390,352			47,296,447
Effect of dilutive shares:
Common stock equivalents arising from stock options and ESPP		2,173			2,340			1,010
Restricted stock awards and units and performance units		60,921			75,815			67,978
Weighted average common shares outstanding – Diluted		47,622,763			47,468,507			47,365,435
Net income per common share:
Basic	$	4.25		$	4.41		$	3.87
Diluted	$	4.24		$	4.40		$	3.87