XML 40 R30.htm IDEA: XBRL DOCUMENT

EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2024

EARNINGS PER SHARE

Schedule of computation of basic and diluted earnings (loss) per share


		Three Months Ended						Nine Months Ended
		September 30						September 30
		2024			2023			2024			2023

		(in thousands, except share and per share data)
Basic
Numerator:
Net income from continuing operations		$	100,314		$	34,927		$	144,326		$	93,374
Net income (loss) from discontinued operations			—			(10)			600			53,269
Net income		$	100,314		$	34,917		$	144,926		$	146,643
Denominator:
Weighted-average shares			23,624,761			24,004,255			23,601,548			24,119,449

Basic earnings per common share
Continuing operations		$	4.25		$	1.46		$	6.12		$	3.87
Discontinued operations			—			—			0.03			2.21
Total basic earnings per common share⁽¹⁾		$	4.25		$	1.45		$	6.14		$	6.08

Diluted
Numerator:
Net income from continuing operations		$	100,314		$	34,927		$	144,326		$	93,374
Net income (loss) from discontinued operations			—			(10)			600			53,269
Net income		$	100,314		$	34,917		$	144,926		$	146,643
Denominator:
Weighted-average shares			23,624,761			24,004,255			23,601,548			24,119,449
Effect of dilutive securities			65,359			521,003			321,499			637,544
Adjusted weighted-average shares and assumed conversions			23,690,120			24,525,258			23,923,047			24,756,993

Diluted earnings per common share
Continuing operations		$	4.23		$	1.42		$	6.03		$	3.77
Discontinued operations			—			—			0.03			2.15
Total diluted earnings per common share⁽¹⁾		$	4.23		$	1.42		$	6.06		$	5.92

(1)	Earnings per common share is calculated in total and may not equal the sum of earnings per common share from continuing operations and discontinued operations due to rounding.