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Earnings Per Share
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
Basic earnings per share represent income available to common shareholders divided by the weighted-average number of common shares outstanding during the period. Diluted earnings per share reflect additional common shares that would have been outstanding if dilutive potential common shares had been issued, as well as any adjustments to income that would result from assumed issuance. Potential common shares that may be issued by the Company relate to outstanding stock options and restricted stock units (RSUs), and are determined using the treasury stock method. Earnings per share have been computed based on the following:
Three months ended September 30,Nine months ended September 30,
(in thousands)2025202420252024
Net income$34,019 $29,051 $87,924 $85,834 
Weighted average number of common shares outstanding32,542 32,993 32,749 33,119 
Effect of dilutive stock options and restricted stock181 144 180 132 
Weighted average number of common shares outstanding used to calculate diluted earnings per share32,723 33,137 32,929 33,251 
Options excluded from diluted earnings per share because of their antidilutive effect— — — —