XML 41 R32.htm IDEA: XBRL DOCUMENT v3.23.3
Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2023
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Earnings Per Share

The following is a reconciliation of net income and the shares of common stock used in the computation of basic and diluted earnings per share:

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

75,219

 

 

$

52,153

 

 

$

259,031

 

 

$

201,438

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average shares outstanding

 

 

57,825

 

 

 

57,865

 

 

 

57,871

 

 

 

57,949

 

Dilutive effect of unvested restricted stock and restricted stock units

 

 

141

 

 

 

168

 

 

 

185

 

 

 

244

 

Diluted weighted average shares outstanding

 

 

57,966

 

 

 

58,033

 

 

 

58,056

 

 

 

58,193

 

Earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

1.30

 

 

$

0.90

 

 

$

4.48

 

 

$

3.48

 

Diluted

 

$

1.30

 

 

$

0.90

 

 

$

4.46

 

 

$

3.46