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EARNINGS PER COMMON SHARE (Tables)

9 Months Ended

Sep. 30, 2024

Earnings Per Share [Abstract]

Schedule of Computation of Earnings Per Common Share

Earnings per common share have been computed as follows (dollars in thousands, except per share amounts):

			Three Months Ended September 30,												Nine Months Ended September 30,
			2024						2023						2024						2023
Net income			$	32,004					$	30,666					$	85,586					$	96,816
Weighted average number of common shares outstanding, basic			57,033,359						55,486,700						56,458,430						55,441,980
Dilutive effect of common stock equivalents:
Options			1,714						—						572						—
Warrants			—						—						—						432
RSU awards			655,224						640,714						662,609						638,495
PSU awards			254,365						165,868						264,451						126,787
DSU awards			16,766						16,792						18,390						14,996
ESPP			6,420						5,418						6,847						7,934
Weighted average number of common shares outstanding, diluted			57,967,848						56,315,492						57,411,299						56,230,624
Basic earnings per common share			$	0.56					$	0.55					$	1.52					$	1.75
Diluted earnings per common share			$	0.55					$	0.54					$	1.49					$	1.72

Schedule of Average Shares Excluded From Computation of Diluted Earnings Per Common Share

Average shares that were excluded from the computation of diluted earnings per common share because their effect would have been anti-dilutive are summarized in the table below for the periods presented:

			Three Months Ended September 30,												Nine Months Ended September 30,
			2024						2023						2024						2023
Anti-dilutive common stock equivalents
Options			—						21,926						12,784						22,219
RSU awards			—						—						4,288						52,594
PSU awards			107,065						85,074						103,001						137,918
Total anti-dilutive common stock equivalents			107,065						107,000						120,073						212,731

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- References

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

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