EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Earnings per Common Share

Basic and diluted earnings per common share were calculated as follows (in thousands, except per share amounts):

 

	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Basic weighted average number of shares outstanding	36,569		37,647		36,736		37,703
Effect of dilutive securities:
Unvested restricted stock	377		582		400		582
Diluted average shares outstanding	36,946		38,229		37,136		38,285
Net earnings	$	262,489	$	200,752	$	729,827	$	499,984
Basic earnings per share	$	7.18	$	5.33	$	19.87	$	13.26
Diluted earnings per share	$	7.10	$	5.25	$	19.65	$	13.06