Calculation of Earnings Per Share

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

Calculation of Earnings Per Share

Calculation of Earnings Per Share

	Three Months Ended
	March 31,
	2024		2023
(in thousands, except per share data)
Calculation of Basic Earnings Per Share:
Net Income	$	46,168	$	36,344
Weighted average shares outstanding (1)	22,250		17,760
Basic Earnings Per Share	$	2.07	$	2.05
Calculation of Diluted Earnings Per Share:
Net Income	$	46,168	$	36,344
Reconciliation of Denominator:
Weighted shares outstanding—Basic (1)	22,250		17,760
Effect of dilutive securities—Share-based compensation	56		72
Adjusted denominator—Diluted	22,306		17,832
Diluted Earnings Per Share	$	2.07	$	2.04