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Organization, Consolidation and Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2022
Accounting Policies [Abstract]  
Property and Equipment

Property and equipment, at cost, consist of the following (in thousands):

 

 

 

December 31,

 

 

 

2022

 

 

2021

 

Office equipment

 

$

39,273

 

 

$

37,435

 

Furniture and fixtures

 

 

4,871

 

 

 

5,012

 

Leasehold improvement

 

 

23,518

 

 

 

24,142

 

Property and equipment, gross

 

 

67,662

 

 

 

66,589

 

Less accumulated depreciation

 

 

(54,859

)

 

 

(52,700

)

Property and equipment, net

 

$

12,803

 

 

$

13,889

 

Reconciliation of Earnings per Share and Shares in Computation of Earnings Per Share In the following table, we present a reconciliation of

earnings per share and the shares used in the computation of earnings per share for the years ended December 31, 2022, 2021 and 2020 (in thousands, except per share data):

 

 

 

Year Ended December 31,

 

 

 

2022

 

 

2021

 

 

2020

 

 

 

(in thousands, except per share data)

 

Net income

 

$

128,959

 

 

$

110,472

 

 

$

87,240

 

Earnings per share:

 

 

 

 

 

 

 

 

 

Basic

 

$

2.05

 

 

$

1.74

 

 

$

1.37

 

Effect of CESs

 

 

(0.02

)

 

 

(0.02

)

 

 

(0.01

)

Diluted

 

$

2.03

 

 

$

1.72

 

 

$

1.36

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of shares:

 

 

 

 

 

 

 

 

 

Basic

 

 

62,768

 

 

 

63,445

 

 

 

63,538

 

Effect of CESs

 

 

640

 

 

 

878

 

 

 

795

 

Diluted

 

 

63,408

 

 

 

64,323

 

 

 

64,333