Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

Schedule of Computation of Basic and Diluted Earnings Per Common Share

The following table presents the computation of basic and diluted earnings per common share for the three and six months ended June 30 (in thousands, except per share amounts):

	Three months ended June 30,				Six months ended June 30,
	2024		2023		2024		2023
Numerator:
Net income	$	22,858	$	17,484	$	94,353	$	72,329
Denominator:
Weighted-average number of common shares outstanding-basic		78,390		75,983		78,276		75,576
Effect of dilutive securities:
Performance and restricted stock awards		66		148		57		127
Weighted-average number of common shares outstanding-diluted		78,456		76,131		78,333		75,703
Earnings per common share:
Basic	$	0.29	$	0.23	$	1.20	$	0.96
Diluted	$	0.29	$	0.23	$	1.20	$	0.96