Earnings Per Share

12 Months Ended

Dec. 31, 2022

Earnings Per Share

Earnings Per Share

Note 13: Earnings Per Share

The earnings per share, both basic and diluted, are included below as of December 31, (in thousands except for per share data):

	2022		2021		2020
Basic earnings per share:
Weighted-average common shares outstanding		44,526,655		30,208,663		29,623,333
Net income	$	67,405	$	20,044	$	27,825
Basic earnings per share	$	1.51	$	0.66	$	0.94
Diluted earnings per share:
Weighted-average common shares outstanding		44,526,655		30,208,663		29,623,333
Dilutive effect of unvested restricted awards 1		686,433		529,199		550,739
Diluted average common shares outstanding		45,213,088		30,737,862		30,174,072
Net Income	$	67,405	$	20,044	$	27,825
Diluted earnings per share	$	1.49	$	0.65	$	0.92
1 Includes the common stock equivalents for restricted share rights that are dilutive.