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EARNINGS PER SHARE
 6 Months Ended
Jun. 30, 2024
EARNINGS PER SHARE [Abstract]  
EARNINGS PER SHARE
11.  EARNINGS PER SHARE

The factors used in the earnings per share computation for the periods indicated follow (dollars in thousands, except per share data):

 
Three Months Ended
June 30,
    
Six Months Ended
June 30,
  
   
2024
    
2023
    
2024
    
2023
  
Net income
  
$
11,134
    
$
29,683
    
$
22,008
    
$
38,927
  
                                 
Weighted average common shares outstanding - basic
    
16,425,360
      
17,048,432
      
16,427,640
      
17,047,578
  
Effect of dilutive securities:
                                
Stock-based compensation awards
    
506,717
      
338,083
      
507,758
      
390,779
  
Weighted average common shares outstanding - diluted
    
16,932,077
      
17,386,515
      
16,935,398
      
17,438,357
  
                                 
Basic earnings per share
  
$
0.68
    
$
1.74
    
$
1.34
    
$
2.28
  
Diluted earnings per share
  
$
0.66
    
$
1.71
    
$
1.30
    
$
2.23