Dividends and Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2024

Dividends and Earnings Per Share

Schedule of cash dividends paid or declared

We paid cash dividends during 2024 and 2023 as follows:

Declaration Date	Record Date	Date Paid	Amount Per Share
February 22, 2023	March 31, 2023	April 14, 2023		0.06
May 3, 2023	June 30, 2023	July 14, 2023		0.06
August 2, 2023	September 29, 2023	October 13, 2023		0.06
November 2, 2023	December 29, 2023	January 12, 2024		0.06
February 21, 2024	March 28, 2024	April 15, 2024		0.06
May 1, 2024	June 28, 2024	July 15, 2024		0.06

Schedule of computation of basic and diluted earnings per share

The table below presents the computation of basic and diluted earnings per share for the three and six months ended June 30, 2024 and 2023 (in thousands, except per share amounts).

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
Numerator:
Net income	$	49,543	$	39,032	$	68,486	$	40,342
Denominator:
Weighted average shares for computation of basic earnings per share:		53,640		53,301		53,565		53,243
Dilutive effect of stock-based awards		1,013		1,023		957		840
Weighted average shares for computation of diluted earnings per share		54,653		54,324		54,522		54,083
Earnings per share:
Basic	$	0.92	$	0.73	$	1.28	$	0.76
Diluted	$	0.91	$	0.72	$	1.26	$	0.75