NET INCOME PER COMMON SHARE (Tables)

12 Months Ended

Dec. 31, 2024

Earnings Per Share [Abstract]

Calculation of Net Income Per Common Share

The calculation of net income per common share for the years ended December 31 is presented in the following table:

(Dollars and amounts in thousands, except per share data)	2024		2023		2022
Net income	$	19,935	$	122,844	$	166,299
Less: Distributed and undistributed earnings allocated to participating securities	(33)		(223)		(681)
Net income attributable to common shareholders	$	19,902	$	122,621	$	165,618
Total weighted average outstanding shares	45,094		44,907		45,049
Less: Weighted average participating securities	(26)		(81)		(186)
Basic weighted average common shares	45,068		44,825		44,863
Dilutive weighted average common stock equivalents	159		122		176
Diluted weighted average common shares	45,227		44,947		45,039
Basic net income per common share	$	0.44	$	2.74	$	3.69
Diluted net income per common share	$	0.44	$	2.73	$	3.68
Anti-dilutive shares	31		22		9