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Earnings Per Share (Tables)
12 Months Ended
Dec. 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:
Twelve months ended December 31,
(in thousands, except share and per share data)202420232022
Numerator for Earnings per Share—Basic and Diluted:
Net income$131,265 $144,781 $135,520 
Less: Income allocated to participating shares13 156 381 
Net Income Allocated to Shareholders
$131,252 $144,625 $135,139 
Denominator for Earnings per Share—Two-Class Method:
Weighted Average Shares Outstanding—Basic38,237,531 38,432,447 38,988,174 
Add: Average participating shares outstanding286,157 222,958 42,760 
Denominator for Two-Class Method—Diluted38,523,688 38,655,405 39,030,934 
Earnings per share—basic$3.43 $3.76 $3.47 
Earnings per share—diluted$3.41 $3.74 $3.46 
Restricted stock considered anti-dilutive excluded from potentially dilutive shares190 293 12,654