Earnings Per Share

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

Earnings Per Share

10. Earnings Per Share

The following table sets forth basic and diluted weighted average shares outstanding used to compute earnings per share:

	Three Months Ended March 31,
	2023		2022
	(In thousands, except per share amounts)
Basic weighted average shares outstanding		37,478		37,384
Dilutive effect of stock options and restricted stock		167		440
Diluted weighted average shares outstanding		37,645		37,824
Basic earnings per share	$	1.96	$	1.73
Diluted earnings per share		1.96		1.71

Stock options and restricted stock totaling 179,147 shares and 174,642 shares for the three months ended March 31, 2023 and 2022, respectively, were excluded from the computation of diluted earnings per share because their effect would have been antidilutive. The computation of diluted shares can vary among periods due, in part, to the change in the average price of the Company’s common stock.