XML 28 R17.htm IDEA: XBRL DOCUMENT v3.25.2
EARNINGS PER SHARE
 6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
Basic earnings per share is computed by dividing net income for the period by the weighted average number of common shares outstanding. Diluted earnings per share is computed using the treasury stock method and reflects the potential dilution from the Company’s outstanding restricted stock units and performance restricted stock units.
The following table sets forth the computation of basic and diluted earnings per share:
Three Months Ended June 30,Six Months Ended June 30,
(dollars in thousands)2025202420252024
Numerator:
Net income$19,230 $18,070 $38,305 $33,328 
Denominator:
Weighted average common shares outstanding31,510,75931,579,45731,547,66931,621,205
Dilutive effect of outstanding restricted stock units77,78287,354102,097113,794
Weighted average common shares outstanding, including all dilutive potential shares31,588,54131,666,81131,649,76631,734,999
Earnings per share - basic$0.61 $0.57 $1.21 $1.05 
Earnings per share - diluted$0.61 $0.57 $1.21 $1.05