Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Earnings Per Share

The following represents a reconciliation of the numerator and denominator of the basic and diluted earnings per share computations contained in the condensed consolidated financial statements:

	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
	(in thousands, except per share data)
Net income	$	72,791	$	27,090	$	128,591	$	58,881
Weighted average common shares outstanding - basic	23,040		22,781		23,024		22,767
Effect of potential dilutive securities:
Conversion of stock options	217		276		225		283
Conversion of restricted stock	44		46		44		45
Weighted average common shares outstanding - diluted	23,301		23,103		23,293		23,095
Earnings per common share:
Basic	$	3.16	$	1.19	$	5.59	$	2.59
Diluted	$	3.12	$	1.17	$	5.52	$	2.55