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Earnings Per Share
 3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
Earnings Per Share 4.    Earnings per Share

Earnings per share (“EPS”) are computed using the weighted average number of shares of capital stock outstanding. Earnings and diluted earnings per share are computed as follows (in thousands, except per share data):

Net Income

For the Three Months Ended March 31,

Income

Shares

Earnings per Share

2023

Earnings

$

54,121

14,966

$

3.62

Dilutive stock options

-

94

Nonvested stock awards

-

50

Diluted earnings

$

54,121

15,110

$

3.58

2022

Earnings

$

64,169

14,986

$

4.28

Dilutive stock options

-

165

Nonvested stock awards

-

41

Diluted earnings

$

64,169

15,192

$

4.22

For the three months ended March 31, 2023, there were 326,000 stock options excluded from the computation of dilutive earnings per share because they would have been anti-dilutive.

For the three months ended March 31, 2022, there were 609,000 stock options excluded from the computation of dilutive earnings per share because they would have been anti-dilutive.