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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2023
Earnings Per Share [Abstract]  
Schedule of Dilutive Effect of Stock Options RSUs and PSAs

The dilutive effect of stock options, RSUs, and PSAs for each period reported is summarized below:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Net Income

 

$

23,740

 

 

$

19,105

 

 

$

60,450

 

 

$

55,364

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average number of basic shares outstanding during the period

 

 

18,815

 

 

 

18,826

 

 

 

18,795

 

 

 

18,806

 

Dilutive effect of stock options, RSUs, and performance shares

 

 

159

 

 

 

183

 

 

 

163

 

 

 

195

 

Weighted-average number of diluted shares outstanding during the period

 

 

18,974

 

 

 

19,009

 

 

 

18,958

 

 

 

19,001

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share

 

$

1.26

 

 

$

1.01

 

 

$

3.22

 

 

$

2.94

 

Diluted earnings per share

 

$

1.25

 

 

$

1.01

 

 

$

3.19

 

 

$

2.91