XML 32 R20.htm IDEA: XBRL DOCUMENT v3.22.2.2
Earnings per Share/Capital Stock (Tables)
 9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Schedule of reconciliation of Registrant's net income and weighted average Common Shares outstanding for calculating basic net income per share
The following is a reconciliation of Registrant’s net income and weighted average Common Shares outstanding used for calculating basic net income per share:
Basic: For The Three Months Ended 
 September 30,		 For The Nine Months Ended 
 September 30,
(in thousands, except per share amounts)2022202120222021
Net income$25,654 $28,153 $59,767 $73,997 
Less: (a) Distributed earnings to common shareholders14,690 13,480 41,664 38,207 
Distributed earnings to participating securities38 37 104 100 
Undistributed earnings10,926 14,636 17,999 35,690 
          (b) Undistributed earnings allocated to common shareholders10,897 14,596 17,955 35,597 
Undistributed earnings allocated to participating securities29 40 44 93 
Total income available to common shareholders, basic (a)+(b)$25,587 $28,076 $59,619 $73,804 
Weighted average Common Shares outstanding, basic36,958 36,933 36,953 36,916 
Basic earnings per Common Share$0.69 $0.76 $1.61 $2.00 
Schedule of reconciliation of Registrant's net income and weighted average Common Shares outstanding for calculating diluted net income per share
The following is a reconciliation of Registrant’s net income and weighted average Common Shares outstanding for calculating diluted net income per share:
Diluted: For The Three Months Ended 
 September 30,		 For The Nine Months Ended 
 September 30,
(in thousands, except per share amounts)2022202120222021
Common shareholders earnings, basic$25,587 $28,076 $59,619 $73,804 
Undistributed earnings for dilutive stock-based awards29 40 44 93 
Total common shareholders earnings, diluted$25,616 $28,116 $59,663 $73,897 
Weighted average common shares outstanding, basic36,958 36,933 36,953 36,916 
Stock-based compensation (1)84 92 81 88 
Weighted average common shares outstanding, diluted37,042 37,025 37,034 37,004 
Diluted earnings per Common Share$0.69 $0.76 $1.61 $2.00 
.
(1)     All of the 96,629 and 101,267 restricted stock units at September 30, 2022 and 2021, respectively, were included in the calculation of diluted EPS for the three and nine months ended September 30, 2022 and 2021.