Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2022

Earnings Per Share

Schedule of 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.