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Earnings Per Share

3 Months Ended

Mar. 31, 2023

Earnings per share on a basic and diluted basis are calculated as follows (in thousands, except per share amounts):


	Three Months Ended March 31,
	2023		2022
Basic and Diluted Earnings:
Net income	$	26,034	$	24,996
Basic weighted-average shares outstanding	31,372		32,357
Add: Stock awards	92		180
Diluted weighted-average shares outstanding	31,464		32,537
Basic earnings per share:
Net income	$	0.83	$	0.77
Diluted earnings per share:
Net income	$	0.83	$	0.77

For the three months ended March 31, 2023, there were approximately 121,000 anti-dilutive shares. For the three months ended March 31, 2022, there were no anti-dilutive shares.