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Earnings Per Common Share And Share Awards (Tables)
3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Computation Of Basic And Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share for the three-month periods ended March 31:
Three Months Ended
March 31,
(in thousands, except per share amounts)
20222021
Net income$6,185 $13,823 
Weighted average common shares outstanding – Basic1,896 1,894 
Incremental shares outstanding assuming the exercise of dilutive SARs (share-settled)
7 
Weighted average common shares outstanding – Diluted
1,903 1,897 
Basic earnings per common share$3.26 $7.30 
Diluted earnings per common share$3.25 $7.29 
Summary Of Share-Based Award Transactions
A summary of share-based award transactions for all share-based award plans follows:
(in thousands, except weighted average exercise price and average remaining contractual term)Number
Of Shares
Weighted
Average
Exercise Price
Average Remaining
Contractual
Term (Years)
Aggregate
Intrinsic
Value
Outstanding as of January 1, 202136 $139.16 4.38$903 
SARs granted184.26   
SARs exercised(6)106.71   
Outstanding as of December 31, 202135 $150.36 3.96$1,643 
SARs granted    
SARs exercised(4)89.23   
Outstanding as of March 31, 202231 $158.22 4.02$1,400 
Exercisable as of March 31, 202226 $161.73 3.76$1,067 
Unvested as of March 31, 20225 $141.50 5.25$333