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NET INCOME PER COMMON SHARE
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
NET INCOME PER COMMON SHARE
NET INCOME PER COMMON SHARE
Basic net income per common share is computed by dividing net income available to common stockholders by the weighted-average common shares outstanding during the reporting period. Diluted net income per common share is computed by dividing net income available to common stockholders by the combination of the weighted-average common shares outstanding during the reporting period and all potentially dilutive common shares. Potentially dilutive common shares include stock options and RSAs issued under the Corporation's share-based compensation plans. Potentially dilutive common shares are excluded from the computation of diluted earnings per common share in the periods where the effect would be antidilutive.

The following tables reconcile basic and diluted net income per common share for the three and six months ended June 30, 2024 and 2023.

 Three Months Ended June 30,
 20242023
 Net Income Available to Common StockholdersWeighted-Average Common SharesPer Share
Amount
Net Income Available to Common StockholdersWeighted-Average Common SharesPer Share
Amount
Net income available to common stockholders$39,456 58,104,021 $0.68 $60,393 59,263,813 $1.02 
Effect of potentially dilutive stock options and restricted stock awards224,244  184,566  
Diluted net income per common share$39,456 58,328,265 $0.68 $60,393 59,448,379 $1.02 
RSAs excluded from the diluted average common share calculation(1)
90,734 67,731 
 Six Months Ended June 30,
 20242023
 Net Income Available to Common StockholdersWeighted-Average Common SharesPer Share
Amount
Net Income Available to Common StockholdersWeighted-Average Common SharesPer Share
Amount
Net income available to common stockholders$86,928 58,585,405 $1.48 $124,003 59,240,137 $2.09 
Effect of potentially dilutive stock options and restricted stock awards215,058  205,920  
Diluted net income per common share$86,928 58,800,463 $1.48 $124,003 59,446,057 $2.09 
RSAs excluded from the diluted average common share calculation(1)
89,011 59,913 
(1) Anti-dilution occurs when the unrecognized compensation cost per share of an RSA exceeds the market price of the Corporation's stock.