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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Schedule of Dilutive Effect of Stock Options RSUs and PSAs

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

 

 

 

2023

 

 

2022

 

 

2021

 

Net Income

 

$

82,612

 

 

$

64,243

 

 

$

71,132

 

 

 

 

 

 

 

 

 

 

 

Weighted-average number of basic shares outstanding during the period

 

 

18,802

 

 

 

18,818

 

 

 

18,868

 

Dilutive effect of stock options, RSUs, and performance shares

 

 

192

 

 

 

215

 

 

 

256

 

Weighted-average number of diluted shares outstanding during the period

 

 

18,994

 

 

 

19,033

 

 

 

19,124

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share

 

$

4.39

 

 

$

3.41

 

 

$

3.77

 

Diluted earnings per share

 

$

4.35

 

 

$

3.38

 

 

$

3.72