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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share:

 
Three Months Ended
June 30
   
Six Months Ended
June 30
 
(in thousands except per share data)
 
2022
   
2021
   
2022
   
2021
 
Numerator:
                       
Net income
 
$
20,271
   
$
23,931
   
$
39,999
   
$
47,549
 
                                 
Denominator:
                               
Basic earnings per share:
                               
Weighted average shares
   
17,835
     
17,784
     
17,827
     
17,779
 
Diluted earnings per share:
                               
Effect of dilutive stock options and restricted stock grants
   
8
     
16
     
11
     
15
 
Adjusted weighted average shares
   
17,843
     
17,800
     
17,838
     
17,794
 
                                 
Earnings per share:
                               
Basic earnings per share
 
$
1.14
   
$
1.35
   
$
2.24
   
$
2.67
 
Diluted earnings per share
   
1.14
     
1.34
     
2.24
     
2.67