XML 30 R22.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Earnings Per Share
 6 Months Ended
Jun. 30, 2024
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
June 30,

 

 

Six Months Ended
June 30,

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Basic EPS

 

 

 

 

 

 

 

 

 

 

 

Net income (In thousands of dollars)

$

11,783

 

 

$

14,966

 

 

$

23,023

 

 

$

22,041

 

Weighted average shares outstanding

 

37,325,648

 

 

 

37,233,732

 

 

 

37,301,931

 

 

 

37,527,050

 

Basic earnings per share

$

0.32

 

 

$

0.40

 

 

$

0.62

 

 

$

0.59

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted EPS

 

 

 

 

 

 

 

 

 

 

 

Net income (In thousands of dollars)

$

11,783

 

 

$

14,966

 

 

$

23,023

 

 

$

22,041

 

Weighted average shares outstanding for basic earnings per share

 

37,325,648

 

 

 

37,233,732

 

 

 

37,301,931

 

 

 

37,527,050

 

Dilutive effect of restricted stock awards

 

161,485

 

 

 

86,721

 

 

 

177,655

 

 

 

96,822

 

Weighted average shares for diluted earnings per share

 

37,487,133

 

 

 

37,320,453

 

 

 

37,479,586

 

 

 

37,623,872

 

Diluted earnings per share

$

0.31

 

 

$

0.40

 

 

$

0.61

 

 

$

0.59

 

 

There were 159,178 and 160,678 restricted stock awards that were considered anti-dilutive for the three and six month periods ended June 30, 2024, respectively. There were 174,309 and 170,809 restricted stock awards that were considered anti-dilutive for the three and six month periods ended June 30, 2023, respectively.