XML 48 R39.htm IDEA: XBRL DOCUMENT v3.23.1
Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2023
Earnings Per Share  
Schedule of Computation of Basic and Diluted Earnings Per Share

The following table illustrates the computation of basic and diluted earnings per share for the three months ended March 31, 2023 and 2022:

For the three months ended

    

March 31, 2023

    

March 31, 2022

Net income

$

40,283

$

18,352

Less: income allocated to participating securities

 

(42)

 

(33)

Income allocated to common shareholders

$

40,241

$

18,319

Weighted average shares outstanding for basic earnings per common share

 

37,785,488

 

30,120,195

Dilutive effect of equity awards

 

289,485

 

359,066

Weighted average shares outstanding for diluted earnings per common share

 

38,074,973

 

30,479,261

Basic earnings per share

$

1.06

$

0.61

Diluted earnings per share

1.06

0.60