XML 29 R19.htm IDEA: XBRL DOCUMENT v3.23.2
EARNINGS PER COMMON SHARE
6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
EARNINGS PER COMMON SHARE EARNINGS PER COMMON SHARE
The following table illustrates the computation of basic and diluted earnings per share for the three and six months ended June 30, 2023 and 2022 (in thousands, except share and per share amounts):
Three Months Ended June 30,Six Months Ended June 30,
2023202220232022
Numerator
Net income$21,188 $16,805 $11,701 $57,407 
Denominator
Basic weighted average common shares and common equivalents231,204,531 230,967,163 231,184,355 230,913,462 
Dilutive restricted stock units1,040,057 714,373 1,030,088 728,496 
Diluted weighted average common shares232,244,588 231,681,536 232,214,443 231,641,958 
Net income, per:
Basic common share$0.09 $0.07 $0.05 $0.25 
Diluted common share$0.09 $0.07 $0.05 $0.25 
During the three and six months ended June 30, 2023, approximately 54,200 and 54,700 restricted stock units, respectively, were not included in computing diluted earnings per share because they were considered anti-dilutive. During the three and six months ended June 30, 2022, approximately 48,800 and 57,200 restricted stock units, respectively, were not included in computing diluted earnings per share because they were considered anti-dilutive.