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Earnings Per Share (Tables) | 6 Months Ended
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Jun. 30, 2023
Earnings Per Share [Abstract] |
Schedule of Reconciliation of Numerators and Denominators of Basic Earnings (Loss) Per Share with Diluted Earnings Per Share | The following table reconciles the numerators and denominators of basic and diluted earnings per share calculations for the periods presented:
| Three months ended June 30, |  | Six months ended June 30,
(in thousands, except share and per share data) | 2023 |  | 2022 |  | 2023 |  | 2022
Numerator for Earnings per Share—Basic and Diluted: |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 34,467 |  |  |  | $ | 28,858 |  |  |  | $ | 74,266 |  |  |  | $ | 58,001 |
Less: Income allocated to participating shares |  | 33 |  |  |  | 74 |  |  |  | 107 |  |  |  | 185 |
Net Income Allocated to Shareholders |  | $ | 34,434 |  |  |  | $ | 28,784 |  |  |  | $ | 74,159 |  |  |  | $ | 57,816 |
Denominator for Earnings per Share—Basic: |  |  |  |  |  |  |  |  |  |  |
Weighted Average Shares Outstanding—Basic |  | 38,510,772 |  |  |  | 39,083,429 |  |  |  | 38,687,342 |  |  |  | 39,077,305 |
Denominator for Earnings per Share—Treasury Stock Method—Diluted: |  |  |  |  |  |  |  |  |  |  |
Weighted Average Shares Outstanding—Basic |  | 38,510,772 |  |  |  | 39,083,429 |  |  |  | 38,687,342 |  |  |  | 39,077,305 |
Add: Potentially dilutive shares |  | 131,886 |  |  |  | 76,491 |  |  |  | 175,013 |  |  |  | 96,359 |
Denominator for Treasury Stock Method—Diluted |  | 38,642,658 |  |  |  | 39,159,920 |  |  |  | 38,862,355 |  |  |  | 39,173,664 |
Denominator for Earnings per Share—Two-Class Method—Diluted: |  |  |  |  |  |  |  |  |  |  |
Weighted Average Shares Outstanding—Basic |  | 38,510,772 |  |  |  | 39,083,429 |  |  |  | 38,687,342 |  |  |  | 39,077,305 |
Add: Average participating shares outstanding |  | 103,250 |  |  |  | 16,202 |  |  |  | 134,544 |  |  |  | 18,411 |
Denominator for Two-Class Method—Diluted |  | 38,614,022 |  |  |  | 39,099,631 |  |  |  | 38,821,886 |  |  |  | 39,095,716 |
Earnings per share—basic |  | $ | 0.89 |  |  |  | $ | 0.74 |  |  |  | $ | 1.92 |  |  |  | $ | 1.48 |
Earnings per share—diluted |  | $ | 0.89 |  |  |  | $ | 0.74 |  |  |  | $ | 1.91 |  |  |  | $ | 1.48 |
Restricted stock considered anti-dilutive excluded from potentially dilutive shares |  | 3,331 |  |  |  | 1,500 |  |  |  | 1,849 |  |  |  | 94 |

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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 + Details
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