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Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2024

Earnings Per Share [Abstract]

Reconciliation of Basic and Diluted Earnings Per Share

The following is a reconciliation of basic and diluted EPS for the periods presented in the unaudited interim consolidated statements of income:

		Three Months Ended September 30,
(In thousands, except per share data)		2024				2023
Basic EPS:
Weighted average common shares outstanding			47,172				45,163
Net income available to common stockholders		$	38,097			$	24,606
Basic EPS		$	0.81			$	0.54

Diluted EPS:
Weighted average common shares outstanding			47,172				45,163
Dilutive effect of common stock options and restricted stock			301				236
Weighted average common shares and common share equivalents			47,473				45,399
Net income available to common stockholders		$	38,097			$	24,606
Diluted EPS		$	0.80			$	0.54

Anti-dilutive stock options and restricted stock outstanding			-				27

		Nine Months Ended September 30,
(In thousands, except per share data)		2024				2023
Basic EPS:
Weighted average common shares outstanding			47,159				43,662
Net income available to common stockholders		$	104,636			$	88,336
Basic EPS		$	2.22			$	2.02

Diluted EPS:
Weighted average common shares outstanding			47,159				43,662
Dilutive effect of common stock options and restricted stock			251				234
Weighted average common shares and common share equivalents			47,410				43,896
Net income available to common stockholders		$	104,636			$	88,336
Diluted EPS		$	2.21			$	2.01

Anti-dilutive stock options and restricted stock outstanding			1				25