Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

Schedule of Reconciliation of Numerators and Denominators of Basic Earnings (Loss) Per Share with Diluted Earnings Per Share

The following table reconciles the numerators and denominators of basic and diluted earnings per share calculations for the periods presented:

	Three months ended June 30,						Six months ended June 30,
(in thousands, except share and per share data)	2022			2021			2022			2021
Numerator for Earnings per Share—Basic and Diluted:
Net income		$	28,858		$	28,367		$	58,001		$	60,268
Less: Income allocated to participating shares		74			141			185			283
Net Income Allocated to Shareholders		$	28,784		$	28,226		$	57,816		$	59,985
Denominator for Earnings per Share - Basic and Diluted:
Weighted Average Shares Outstanding—Basic		39,083,429			39,048,971			39,077,305			39,039,007
Add: Average participating shares outstanding		16,202			—			18,411			—
Denominator for Two-Class Method—Diluted		39,099,631			39,048,971			39,095,716			39,039,007
Earnings per share—basic		$	0.74		$	0.73		$	1.48		$	1.54
Earnings per share—diluted		$	0.74		$	0.72		$	1.48		$	1.54
Restricted stock considered anti-dilutive excluded from potentially dilutive shares		1,500			25			94			424