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Earnings Per Share
 3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
The following table sets forth the computation of the basic and diluted earnings per share (in thousands, except per share data):
Three months ended March 31,
20232024
Numerator for basic and diluted earnings per share:
Net income$8,844 $6,973 
Less: Earnings allocated to unvested restricted stock(71)(101)
Income attributable to common stockholders$8,773 $6,872 
Denominator:
Denominator for basic earnings per common share – weighted average shares outstanding14,758 14,876 
Effect of dilutive securities:
Stock options99 17 
Performance awards611 416 
Denominator for diluted earnings per common share – weighted average shares outstanding15,468 15,309 
Basic earnings per common share:$0.59 $0.46 
Diluted earnings per common share:$0.57 $0.45 
Stock options excluded from the computation of diluted earnings per share because the inclusion of such stock options would result in an antidilutive effect are as follows:
Three months ended March 31,
20232024
Antidilutive stock options1,129,210 1,564,656 
Our performance awards are considered to be contingently issuable shares because their issuance is contingent upon the satisfaction of certain performance and service conditions. At March 31, 2024, we had satisfied certain performance criteria for the first, second and third predetermined growth targets of our performance awards to be considered outstanding. Therefore, we included these awards in the computation of diluted earnings per share as of the beginning of the reporting period.