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Earnings Per Share
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
Diluted earnings per share is calculated using both the two-class and the treasury stock methods with the more dilutive method used to determine diluted earnings per share. The treasury stock method was used to determine earnings per share for the three and six months ended June 30, 2025 and June 30, 2024.
The following table reconciles the numerators and denominators of basic and diluted EPS calculations for the periods presented:
Six Months Ended June 30,
Three months ended June 30,
(in thousands, except share and per share data)2025202420252024
Numerator for Earnings per Share—Basic and Diluted:
Net income—Treasury Stock Method—Basic and Diluted
$31,900 $34,371 $65,301 $65,610 
Denominator for Earnings per Share—Treasury Stock Method:
Weighted Average Shares Outstanding—Basic38,337,851 38,243,859 38,299,511 38,217,944 
Add: Potentially dilutive shares299,549 287,833 319,230 277,678 
Denominator for Treasury Stock Method—Diluted38,637,400 38,531,692 38,618,741 38,495,622 
Earnings per share—basic$0.83 $0.90 $1.71 $1.72 
Earnings per share—diluted$0.83 $0.89 $1.69 $1.70 
Restricted stock considered anti-dilutive excluded from potentially dilutive shares55 323 28 181