Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2024

Earnings Per Share [Abstract]

Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share for the nine months ended September 30, 2024 and 2023:

	Three Months Ended				Nine Months Ended
	September 30, 2024		September 30, 2023		September 30, 2024		September 30, 2023
Numerator:	(in thousands, except share and per share data)
Net income	$	52,625	$	48,078	$	143,869	$	130,574
Denominator:
Basic weighted average shares	81,089,476		81,418,800		81,448,413		81,140,473
Effect of dilutive shares related to stock based compensation1	2,017,601		1,974,254		2,068,574		1,993,664
Effect of dilutive shares related to contingent consideration2	—		—		63,002		141,071
Diluted weighted average shares	83,107,077		83,393,054		83,579,989		83,275,208
Earnings per share:
Basic	$	0.65	$	0.59	$	1.77	$	1.61
Dilutive	$	0.63	$	0.58	$	1.72	$	1.57
Anti-dilutive shares:
Shares	385,756		360,408		312,157		296,072
1 Dilutive shares related to stock options, restricted stock, PSUs and Key Employee Awards (Note 13)
2 Dilutive shares related to contingent shares issued to the former owners of BASX (Note 16)