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Earnings Per Share
 9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
The numerator used in the calculation of both basic and diluted earnings per share is net income. The denominator used in the calculation of basic earnings per share is the weighted-average number of shares outstanding during the period. The denominator used in the calculation of diluted earnings per share is derived by adjusting basic shares outstanding for the dilutive effect of potential shares outstanding, which consist of time- and performance-based stock awards and employee stock purchase plan shares.
The following includes the computation of the denominator for basic and diluted weighted-average shares outstanding for the three and nine months ended September 30, 2024 and 2023:
Three Months Ended September 30,Nine Months Ended September 30,
(in thousands)2024202320242023
Weighted-Average Common Shares Outstanding – Basic41,800 41,680 41,770 41,663 
Effect of Dilutive Securities:
Stock Performance Awards188 277 199 266 
Restricted Stock Awards91 100 97 97 
Employee Stock Purchase Plan
2 1 2 2 
Dilutive Effect of Potential Common Shares281 378 298 365 
Weighted-Average Common Shares Outstanding – Diluted42,081 42,058 42,068 42,028 
The number of shares excluded from diluted weighted-average common shares outstanding because such shares were anti-dilutive was not material for the three and nine months ended September 30, 2024 and 2023