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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2024
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 EPS calculations for the periods presented:
Three months ended March 31,
(in thousands, except share and per share data)20242023
Numerator for Earnings per Share—Basic and Diluted:
Net income—Treasury Stock Method—Basic and Diluted
$31,239 $39,799 
Less: Income allocated to participating shares12 45 
Net Income Allocated to Shareholders—Two-Class Method—Basic and Diluted
$31,227 $39,754 
Denominator for Earnings per Share—Treasury Stock Method—Basic and Diluted:
Weighted Average Shares Outstanding—Basic38,192,235 38,865,669 
Add: Potentially dilutive shares239,514 166,393 
Denominator for Treasury Stock Method—Diluted38,431,749 39,032,062 
Denominator for Earnings per Share—Two-Class Method—Basic and Diluted:
Weighted Average Shares Outstanding—Basic38,192,235 38,865,669 
Add: Average participating shares outstanding225,850 108,991 
Denominator for Two-Class Method—Diluted38,418,085 38,974,660 
Earnings per share—basic$0.82 $1.02 
Earnings per share—diluted$0.81 $1.02 
Restricted stock considered anti-dilutive excluded from potentially dilutive shares71 1,133