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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Reconciliation of Earnings Per Share

The following is a reconciliation of our earnings per share (in thousands, except for per share data):

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income for basic and diluted earnings per share

$

46,505

 

 

$

102,846

 

 

$

108,285

 

 

$

190,349

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding - basic

 

32,037

 

 

 

33,651

 

 

 

32,293

 

 

 

33,647

 

 

 

 

 

 

 

 

 

 

 

 

 

Dilutive effect of restricted stock

 

256

 

 

 

284

 

 

 

273

 

 

 

303

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding - diluted

 

32,293

 

 

 

33,935

 

 

 

32,566

 

 

 

33,950

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share - basic

$

1.45

 

 

$

3.06

 

 

$

3.35

 

 

$

5.66

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share - diluted

$

1.44

 

 

$

3.03

 

 

$

3.33

 

 

$

5.61