EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Earnings Per Share

The following table presents the Company’s basic earnings per share and shares outstanding (in thousands, except per share data):

	Three Months Ended March 31,
	2023		2022
Numerator:
Net income	$	39,208	$	30,275
Denominator:
Weighted average number of common shares outstanding	181,262		179,961
Earnings per common share:
Earnings per common share, basic	$	0.22	$	0.17

The following table presents the Company’s diluted earnings per share and shares outstanding (in thousands, except per share data):

	Three Months Ended March 31,
	2023		2022
Numerator:
Net income	$	39,208	$	30,275
Denominator:
Weighted average number of common shares outstanding	181,262		179,961
Effect of dilutive securities	1,473		1,720
Weighted average number of common shares outstanding, diluted	182,735		181,681
Earnings per common share:
Earnings per common share, diluted	$	0.21	$	0.17