XML 41 R34.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Earnings per Share (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2024
Earnings Per Share [Abstract] |
Reconciliation of Components Used to Derive Basic and Diluted EPS | The following table is a reconciliation of the components used to derive basic and diluted EPS for the periods indicated:
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30, |  |  | June 30, |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
|  | (dollars in thousands, except per share amounts) |
Basic EPS |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 14,451 |  |  | $ | 20,620 |  |  | $ | 29,615 |  |  | $ | 42,612 |
Less: income allocated to unvested restricted stock |  |  | 129 |  |  |  | 128 |  |  |  | 222 |  |  |  | 268 |
Income allocated to common shares |  | $ | 14,322 |  |  | $ | 20,492 |  |  | $ | 29,393 |  |  | $ | 42,344 |
Weighted-average shares for basic EPS |  |  | 30,055,913 |  |  |  | 30,324,264 |  |  |  | 30,089,341 |  |  |  | 30,320,281 |
Basic EPS (1) |  | $ | 0.48 |  |  | $ | 0.68 |  |  | $ | 0.98 |  |  | $ | 1.40 |
Effect of dilutive stock options and unvested performance stock units |  |  | 77,733 |  |  |  | 62,777 |  |  |  | 76,840 |  |  |  | 62,945 |
Diluted EPS |  |  |  |  |  |  |  |  |  |  |  |
Income allocated to common shares |  | $ | 14,322 |  |  | $ | 20,492 |  |  | $ | 29,393 |  |  | $ | 42,344 |
Weighted-average shares for diluted EPS |  |  | 30,133,646 |  |  |  | 30,387,041 |  |  |  | 30,166,181 |  |  |  | 30,383,226 |
Diluted EPS (1) |  | $ | 0.48 |  |  | $ | 0.67 |  |  | $ | 0.97 |  |  | $ | 1.39 |
(1) Per share amounts may not be able to be recalculated using net income and weighted-average shares presented above due to rounding.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration