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EARNINGS PER SHARE
3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE:
The following table summarizes the calculation of earnings per share: 
 Quarter Ended March 31,
(in thousands, except share and per share data)20222021
Net income$19,951 $29,663 
Weighted average shares:
Basic weighted-average number of common shares outstanding
19,585,753 21,637,671 
Dilutive effect of outstanding common stock equivalents 206,160 324,157 
Diluted weighted-average number of common shares outstanding19,791,913 21,961,828 
Net income per share:
Basic earnings per share$1.02 $1.37 
Diluted earnings per share1.01 1.35