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Earnings Per Share | 9 Months Ended
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Sep. 30, 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 September 30, |  |  | Nine Months Ended September 30, |
| 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Basic EPS |  |  |  |  |  |  |  |  |  |  |
Net income (In thousands of dollars) | $ | 13,314 |  |  | $ | 15,446 |  |  | $ | 35,356 |  |  | $ | 47,241 |
Weighted average shares outstanding |  | 37,241,383 |  |  |  | 33,851,596 |  |  |  | 37,430,782 |  |  |  | 33,840,958 |
Basic earnings per share | $ | 0.36 |  |  | $ | 0.46 |  |  | $ | 0.94 |  |  | $ | 1.40 |
Diluted EPS |  |  |  |  |  |  |  |  |  |  |
Net income (In thousands of dollars) | $ | 13,314 |  |  | $ | 15,446 |  |  | $ | 35,356 |  |  | $ | 47,241 |
Weighted average shares outstanding for basic earnings per share |  | 37,241,383 |  |  |  | 33,851,596 |  |  |  | 37,430,782 |  |  |  | 33,840,958 |
Dilutive effect of restricted stock awards |  | 137,971 |  |  |  | 80,286 |  |  |  | 102,427 |  |  |  | 84,473 |
Weighted average shares for diluted earnings per share |  | 37,379,354 |  |  |  | 33,931,882 |  |  |  | 37,533,209 |  |  |  | 33,925,431 |
Diluted earnings per share | $ | 0.36 |  |  | $ | 0.46 |  |  | $ | 0.94 |  |  | $ | 1.39 |
There were 13,046 and 204,105 restricted stock awards that were considered anti-dilutive for the three and nine month periods ended September 30, 2023, respectively. There were 124,492 and 188,992 restricted stock awards that were considered anti-dilutive for the three and nine month periods ended September 30, 2022, respectively.

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