XML 22 R11.htm IDEA: XBRL DOCUMENT
v3.23.1

Earnings Per Share | 3 Months Ended
--- | ---
Mar. 31, 2023
Earnings Per Share [Abstract] |
Earnings Per Share | Earnings Per Share Basic earnings per share is computed by dividing net income by the weighted-average number of common shares outstanding. Diluted earnings per share is computed by dividing net income by the sum of the weighted-average number of common shares outstanding and the weighted-average number of potential common shares outstanding. Under the treasury stock method, stock appreciation rights (“SARs”) are dilutive when the average market price of the Company’s common stock, combined with the effect of any unamortized compensation expense, exceeds the SAR price during a period. The calculations of basic and diluted earnings per share are as follows:
(In thousands except share and per share data) | Three Months Ended March 31, |  |
| 2023 |  | 2022 |  |  |  |
Basic |  |  |  |  |  |  |
Net income | $ | 7,117 |  |  | $ | 8,258 |  |  |  |  |
Weighted-average common shares outstanding | 13,599,472 |  |  | 13,577,991 |  |  |  |  |
Basic earnings per share | $ | 0.52 |  |  | $ | 0.61 |  |  |  |  |
Diluted |  |  |  |  |  |  |
Net income | $ | 7,117 |  |  | $ | 8,258 |  |  |  |  |
Weighted-average common shares outstanding | 13,599,472 |  |  | 13,577,991 |  |  |  |  |
Effect of dilutive restricted stock and stock appreciation rights | 263,926 |  |  | 236,233 |  |  |  |  |
Weighted-average common shares outstanding assuming dilution | 13,863,398 |  |  | 13,814,224 |  |  |  |  |
Diluted earnings per share | $ | 0.51 |  |  | $ | 0.60 |  |  |  |  |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI https://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration