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Earnings Per Share | 3 Months Ended
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Mar. 31, 2023
Earnings Per Share [Abstract] |
Earnings Per Share | Earnings Per Share: The computation of basic and diluted earnings per share is shown in the following table:
| Three Months Ended March 31, |
| 2023 |  |  | 2022 |
Basic EPS |  |  |  |  |
Net income (In thousands of dollars) | $ | 7,075 |  |  | $ | 15,844 |
Weighted average shares outstanding |  | 37,823,628 |  |  |  | 33,820,485 |
Basic earnings per share | $ | 0.19 |  |  | $ | 0.47 |
Diluted EPS |  |  |  |  |
Net income (In thousands of dollars) | $ | 7,075 |  |  | $ | 15,844 |
Weighted average shares outstanding for basic earnings per share |  | 37,823,628 |  |  |  | 33,820,485 |
Dilutive effect of restricted stock awards |  | 109,571 |  |  |  | 116,453 |
Weighted average shares for diluted earnings per share |  | 37,933,199 |  |  |  | 33,936,938 |
Diluted earnings per share | $ | 0.19 |  |  | $ | 0.47 |
There were 152,402 and 132,492 restricted stock awards that were considered anti-dilutive for the three month periods ended March 31, 2023 and 2022, respectively.

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