XML 22 R12.htm IDEA: XBRL DOCUMENT
v3.22.2

Earnings Per Share | 6 Months Ended
--- | ---
Jun. 30, 2022
Earnings Per Share [Abstract] |
Earnings per Share | NOTE 3 – EARNINGS PER SHARE Basic earnings per share is based on the weighted average number of common shares outstanding during the period. Diluted earnings per share includes the effect of options that are dilutive and outstanding during the period under the treasury stock method. Per share amounts are computed as follows:
|  | Three months Ended June 30 |  |  | Six Months Ended June 30 |
|  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
Numerator (in millions): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income available to common stockholders |  | $ | 32.3 |  |  | $ | 22.4 |  |  | $ | 68.8 |  |  | $ | 45.8 |
Denominator (in thousands): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted average common shares outstanding |  |  | 24,805 |  |  |  | 24,628 |  |  |  | 24,798 |  |  |  | 24,615 |
Dilutive effect of stock options and awards |  |  | 166 |  |  |  | 241 |  |  |  | 169 |  |  |  | 241 |
Denominator for diluted earnings per share |  |  | 24,971 |  |  |  | 24,869 |  |  |  | 24,967 |  |  |  | 24,856 |
Net income per share, basic: |  | $ | 1.30 |  |  | $ | 0.91 |  |  | $ | 2.77 |  |  | $ | 1.86 |
Net income per share, diluted: |  | $ | 1.29 |  |  | $ | 0.90 |  |  | $ | 2.76 |  |  | $ | 1.84 |
In the three and six months ended June 30, 2022, the average number of anti-dilutive options excluded from the calculation of diluted earnings per share were 29,600 and 27,094, respectively (three and six months ended June 30, 2021 – 19,836 and 14,649, respectively).

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI https://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration