(in thousands except per share data)

Three Months Ended

Nine Months Ended

September 30,

2023

2022

2023

2022

Numerators:

Income from continuing operations

$

13,356

$

49,961

$

41,984

$

96,654

Income from discontinued operations

150

525

450

525

Net income

$

13,506

$

50,486

$

42,434

$

97,179

Denominator:

Denominator for basic income per share – weighted-average shares

12,947

14,405

13,082

15,495

Effect of dilutive securities:

Equivalent shares issuable upon conversion of unvested restricted shares

254

305

247

271

Equivalent shares issuable upon conversion of unvested employee stock options

478

182

411

109

Denominator for diluted income per share adjusted weighted-average shares and assumed conversions

13,679

14,892

13,740

15,875

Basic income per share:

Income from continuing operations

$

1.03

$

3.47

$

3.21

$

6.24

Income from discontinued operations

0.01

0.04

0.03

Net income per share(1)

$

1.04

$

3.50

$

3.24

$

6.27

Diluted income per share:

Income from continuing operations

$

0.98

$

3.36

$

3.06

$

6.09

Income from discontinued operations

0.01

0.04

0.03

Net income per share

$

0.99

$

3.39

$

3.09

$

6.12