XML 37 R26.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2024
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
 
 
March 31
 
(in thousands except per share data)
 
2024
   
2023
 
Numerator:
           
Net income
 
$
18,679
   
$
19,313
 
                 
Denominator:
               
Basic earnings per share:
               
Weighted average shares
   
17,926
     
17,872
 
Diluted earnings per share:
               
Effect of dilutive stock options and restricted stock grants
   
17
     
12
 
Adjusted weighted average shares
   
17,943
     
17,884
 
                 
Earnings per share:
               
Basic earnings per share
 
$
1.04
   
$
1.08
 
Diluted earnings per share
   
1.04
     
1.08