XML 30 R19.htm IDEA: XBRL DOCUMENT
v3.23.1

Earnings per Share | 3 Months Ended
--- | ---
Mar. 31, 2023
Earnings Per Share [Abstract] |
Earnings per Share | Earnings per Share The following table sets forth the computation of basic and diluted earnings per share using the two class method (in thousands, except per share data):
| Three months ended March 31, |
2023 | 2022 |  |
Net income available to common shareholders | $ | 24,341 |  | $ | 21,342 |  |  |
Less: earnings allocated to participating securities | (214) |  | (200) |  |  |
Net earnings allocated to common shareholders | $ | 24,127 |  | $ | 21,142 |  |  |
Distributed earnings allocated to common stock | $ | 9,833 |  | $ | 8,943 |  |  |
Undistributed earnings allocated to common stock | 14,294 |  | 12,199 |  |  |
Net earnings allocated to common shareholders | $ | 24,127 |  | $ | 21,142 |  |  |
Average shares outstanding | 14,818 |  | 14,974 |  |  |
Effect of dilutive securities: |  |  |  |
Employee stock awards | 26 |  | 28 |  |  |
Shares for diluted earnings per share | 14,844 |  | 15,002 |  |  |
Basic earnings per share | $ | 1.63 |  | $ | 1.41 |  |  |
Diluted earnings per share | $ | 1.63 |  | $ | 1.41 |  |  |
Anti-dilutive options are not included in the computation of diluted earnings per share because the options’ exercise price was greater than the average market price of the common shares and therefore, the effect would have been anti-dilutive. Anti-dilutive options were not significant for any of the periods shown above.

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 -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration