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Earnings Per Share
 6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
Calculation of Basic and Diluted Earnings per Common Share
The following tables summarize our calculation of Basic and Diluted Earnings per Common Share (“EPS”) for the three and six months ended June 30, 2023 and 2022 (in thousands, except share and per share data):
For the three months ended
June 30,
 20232022
Numerator:
Net income$140,595 $100,664 
Denominator:
Weighted average shares outstanding used to compute basic earnings per common share47,393,493 50,507,024 
Effect of dilutive securities—Share-based awards195,176 204,746 
Shares used to compute diluted earnings per common share47,588,669 50,711,770 
Basic earnings per common share$2.97 $1.99 
Diluted earnings per common share$2.95 $1.99 
For the six months ended
June 30,
 20232022
Numerator:
Net income$252,068 $174,050 
Denominator:
Weighted average shares outstanding used to compute basic earnings per common share47,584,656 51,610,014 
Effect of dilutive securities—Share-based awards182,586 204,150 
Shares used to compute diluted earnings per common share47,767,242 51,814,164 
Basic earnings per common share$5.30 $3.37 
Diluted earnings per common share$5.28 $3.36 
NOTE 5 - Earnings Per Share (Continued)
The number of share-based awards excluded from the computation of diluted EPS for the three and six months ended June 30, 2023 because they would be anti-dilutive were 8,726 and 9,026, respectively. The number of share-based awards excluded from the computation of diluted EPS for the three and six months ended June 30, 2022 because they would be anti-dilutive were 57,949 and 57,899, respectively.