XML 36 R29.htm IDEA: XBRL DOCUMENT v3.25.3
Net Income Per Common Share (Tables)
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Basic and Diluted Net Income Per Common Share

Basic and diluted net income per common share are calculated as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

 

 

(Dollars in thousands, except per share data)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Numerator)

 

 

 

 

 

 

 

 

 

 

 

 

Income available to common stockholders

 

$

62,654

 

 

$

58,903

 

 

$

181,113

 

 

$

159,878

 

(Denominator)

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding for basic earnings per common share

 

 

33,310,290

 

 

 

33,097,164

 

 

 

33,266,315

 

 

 

33,015,741

 

Dilutive effect of stock compensation

 

 

553,839

 

 

 

549,385

 

 

 

545,955

 

 

 

551,376

 

Weighted-average shares outstanding for diluted earnings per common share

 

 

33,864,129

 

 

 

33,646,549

 

 

 

33,812,270

 

 

 

33,567,117

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share

 

$

1.88

 

 

$

1.78

 

 

$

5.44

 

 

$

4.84

 

Diluted earnings per share

 

$

1.85

 

 

$

1.75

 

 

$

5.36

 

 

$

4.76

 

Average Exercise Price of Options And RSUs Excluded from Computation of Diluted Net Income Per Common Share

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 September 30, 2025

 

 

10,134

 

Three Months Ended September 30, 2024

 

 

204,005

 

Nine Months Ended September 30, 2025

 

 

6,737

 

Nine Months Ended September 30, 2024

 

 

250,142