XML 22 R16.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Net Income Per Common Share | 6 Months Ended
--- | ---
Jun. 30, 2024
Earnings Per Share [Abstract] |
Net Income Per Common Share | (8) NET INCOME PER COMMON SHARE Basic and diluted net income per common share are calculated as follows:
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
|  | (Dollars in thousands, except per share data) |
(Numerator) |  |  |  |  |  |  |  |  |  |  |  |
Income available to common stockholders |  | $ | 50,641 |  |  | $ | 55,010 |  |  | $ | 100,975 |  |  | $ | 112,543 |
(Denominator) |  |  |  |  |  |  |  |  |  |  |  |
Weighted average shares outstanding for basic earnings per common share |  |  | 33,001,180 |  |  |  | 32,920,497 |  |  |  | 32,974,582 |  |  |  | 32,906,753 |
Dilutive effect of stock compensation |  |  | 523,881 |  |  |  | 546,757 |  |  |  | 545,665 |  |  |  | 559,178 |
Weighted-average shares outstanding for diluted earnings per common share |  |  | 33,525,061 |  |  |  | 33,467,254 |  |  |  | 33,520,247 |  |  |  | 33,465,931 |
Basic earnings per share |  | $ | 1.53 |  |  | $ | 1.67 |  |  | $ | 3.06 |  |  | $ | 3.42 |
Diluted earnings per share |  | $ | 1.51 |  |  | $ | 1.64 |  |  | $ | 3.01 |  |  | $ | 3.36 |
The following table shows the number of options and RSU's that were excluded from the computation of diluted net income per common share for each period because they were anti-dilutive for the period:
|  | Shares |
Three Months Ended June 30, 2024 |  |  | 260,548 |
Three Months Ended June 30, 2023 |  |  | 305,407 |
Six Months Ended June 30, 2024 |  |  | 262,251 |
Six Months Ended June 30, 2023 |  |  | 307,608 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration