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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2024
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,

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income for basic and diluted earnings per share

$

29,015

 

 

$

46,505

 

 

$

56,068

 

 

$

108,285

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding - basic

 

60,710

 

 

 

64,074

 

 

 

61,018

 

 

 

64,586

 

 

 

 

 

 

 

 

 

 

 

 

 

Dilutive effect of restricted stock

 

398

 

 

 

512

 

 

 

369

 

 

 

546

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding - diluted

 

61,108

 

 

 

64,586

 

 

 

61,387

 

 

 

65,132

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share - basic

$

0.48

 

 

$

0.73

 

 

$

0.92

 

 

$

1.68

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share - diluted

$

0.47

 

 

$

0.72

 

 

$

0.91

 

 

$

1.66