Earnings Per Share

3 Months Ended

Mar. 31, 2023

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.