Earnings per Share

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

EARNINGS PER SHARE

EARNINGS PER SHARE

Earnings per share and the weighted average shares outstanding used in calculating basic and diluted earnings per share are as follows for the three months ended March 31, (in thousands):

	2023		2022
Numerator:
Net income available to common stockholders	$	21,099	$	15,456
Denominator for basic earnings per share:
Weighted average shares outstanding	30,897		32,913
Denominator for diluted earnings per share:
Weighted average shares outstanding	30,897		32,913
Common stock units	127		109
Weighted average shares and conversions	31,024		33,022

The weighted average number of diluted shares does not include potential anti-dilutive common shares issuable pursuant to equity based incentive compensation awards. The following table provides the potential anti-dilutive common stock units for the three months ended March 31, (in thousands):

	2023	2022
Common stock units	64	54