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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Computation of basic and diluted earnings per share

The following table sets forth the computation of basic and diluted earnings per share for the three and nine months ended September 30, 2024 and 2023 (in thousands, except per share data):

Three Months Ended September 30, 

Nine Months Ended September 30, 

    

2024

    

2023

    

2024

    

2023

 

Numerator:

Net income

$

27,059

$

25,598

$

66,374

$

59,493

Denominator:

Denominator for basic earnings per share

 

26,292

 

26,262

 

26,334

 

26,281

Dilutive effect of employee stock awards

 

209

 

172

 

184

 

125

Denominator for diluted earnings per share

 

26,501

 

26,434

 

26,518

 

26,406

Earnings per share:

Basic

$

1.03

$

0.97

$

2.52

$

2.26

Diluted

$

1.02

$

0.97

$

2.50

$

2.25