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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
Computation of Basic and Diluted 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