EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2024

EARNINGS PER SHARE

Schedule of computation of basic and diluted earnings (loss) per share

	Three Months Ended				Six Months Ended
	June 30				June 30
	2024		2023		2024		2023
	(in thousands, except share and per share data)
Basic
Numerator:
Net income from continuing operations	$	46,924	$	39,600	$	44,012	$	58,447
Net income from discontinued operations		—		843		600	$	53,279
Net income	$	46,924	$	40,443	$	44,612	$	111,726
Denominator:
Weighted-average shares		23,618,318		24,064,882		23,589,814		24,175,893
Basic earnings per common share
Continuing operations	$	1.99	$	1.65	$	1.87	$	2.42
Discontinued operations		—		0.04		0.03		2.20
Total basic earnings per common share(1)	$	1.99	$	1.68	$	1.89	$	4.62
Diluted
Numerator:
Net income from continuing operations	$	46,924	$	39,600	$	44,012	$	58,447
Net income from discontinued operations		—		843		600		53,279
Net income	$	46,924	$	40,443	$	44,612	$	111,726
Denominator:
Weighted-average shares		23,618,318		24,064,882		23,589,814		24,175,893
Effect of dilutive securities		301,295		608,066		435,685		688,798
Adjusted weighted-average shares and assumed conversions		23,919,613		24,672,948		24,025,499		24,864,691
Diluted earnings per common share
Continuing operations	$	1.96	$	1.60	$	1.83	$	2.35
Discontinued operations		—		0.03		0.02		2.14
Total diluted earnings per common share(1)	$	1.96	$	1.64	$	1.86	$	4.49

(1) Earnings per common share is calculated in total and may not equal the sum of earnings per common share from continuing operations and discontinued operations due to rounding.