Earnings Per Common Share (EPS) (Tables)

6 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

Schedule of Earnings (Loss) Per Share, Basic and Diluted

The computation of weighted average shares outstanding and the basic and diluted earnings per common share for the three and six-month periods ended June 30, 2024 and 2023 consisted of the following (in thousands, except per share amounts):

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2024		2023		2024		2023
Net income	$	35,726	$	20,245	$	63,966	$	40,948
Average common shares outstanding		58,139		57,537		58,049		57,445
Basic EPS	$	0.61	$	0.35	$	1.10	$	0.71
Average common shares outstanding		58,139		57,537		58,049		57,445
Effect of dilutive stock awards		601		936		604		884
Total potential shares outstanding		58,740		58,473		58,653		58,329
Diluted EPS	$	0.61	$	0.35	$	1.09	$	0.70
Equity awards excluded as the impact was anti-dilutive (1)		802		1,114		1,009		1,014

(1) Does not reflect the impact of incremental repurchases under the treasury stock method.