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Net Income per Common Share (Tables)

12 Months Ended

Dec. 31, 2023

Earnings Per Share [Abstract]

Schedule of Calculation of Net Income Per Common Share

The calculation of net income per common share for the years ended December 31 was as follows:

(dollars and shares in thousands, except per share data)						2023						2022						2021
Basic:
Net income						$	100,534					$	140,930					$	176,691
Average common shares outstanding						30,346						32,004						31,936
Basic net income per common share						$	3.31					$	4.40					$	5.53
Diluted:
Net income						$	100,534					$	140,930					$	176,691
Average common shares outstanding						30,346						32,004						31,936
Adjustment for common share equivalents						47						74						67
Average common shares outstanding-diluted						30,393						32,078						32,003
Diluted net income per common share						$	3.31					$	4.39					$	5.52
Anti-dilutive shares						3						3						3

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- References

No definition available.

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- 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

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