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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 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 for the three and six months ended June 30, 2024 and 2023:

    Three Months Ended     Six Months Ended  
 
June 30
   
June 30
 
(in thousands except per share data)
 
2024
   
2023
   
2024
   
2023
 
Numerator:
                       
Net income
 
$
19,499
   
$
19,404
   
$
38,178
   
$
38,717
 
                                 
Denominator:
                               
Basic earnings per share:
                               
Weighted average shares
   
17,939
     
17,884
     
17,932
     
17,877
 
Diluted earnings per share:
                               
Effect of dilutive stock options and restricted stock grants
   
20
     
6
     
19
     
8
 
Adjusted weighted average shares
   
17,959
     
17,890
     
17,951
     
17,885
 
                                 
Earnings per share:
                               
Basic earnings per share
 
$
1.09
   
$
1.09
   
$
2.13
   
$
2.17
 
Diluted earnings per share
   
1.09
     
1.08
     
2.13
     
2.16