EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2024

EARNINGS PER SHARE

Schedule of reconciliation of weighted average shares outstanding

	Three months ended				Nine months ended
	September 30,				September 30,
(in thousands)	2024		2023		2024		2023
Net income available for stockholders:	$	3,404	$	10,403	$	13,586	$	36,273
Less: Adjustments for earnings attributable to participating securities		(118)		(249)		(957)		(866)
Net income used in calculating earnings per share	$	3,286	$	10,154	$	12,629	$	35,407
Weighted average shares outstanding (including participating securities)		34,713		34,467		34,684		34,435
Adjustment for participating securities		(876)		(839)		(880)		(833)
Shares used in calculating basic and diluted earnings per share		33,837		33,628		33,804		33,602