XML 47 R32.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Net Income per Share (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2024
Earnings Per Share [Abstract] |
Computation of the Company’s Basic and Diluted Net Income per Share | The computation of the Company's basic and diluted net income per share is as follows:
|  |  |  | Three Months Ended March 31,
|  |  |  |  |  | 2024 |  | 2023
|  |  |  |  | (In thousands, except per share data)
Numerator for basic and diluted income per common share: |  |  |  |  |  |  |  |
Net income |  |  |  |  |  | $ | 17,473 |  |  | $ | 27,410 |
Less: Net income allocated to unvested participating restricted stock |  |  |  |  |  | (512) |  |  | (679) |
Net income available to common stockholders - basic |  |  |  |  |  | 16,961 |  |  | 26,731 |
Effect of unvested participating restricted stock in two-class calculation |  |  |  |  |  | — |  |  | 1 |
Net income available to common stockholders - diluted |  |  |  |  |  | $ | 16,961 |  |  | $ | 26,732 |
Denominator: |  |  |  |  |  |  |  |
Weighted average outstanding shares of common stock - basic |  |  |  |  |  | 14,980 |  |  | 15,304 |
Dilutive effect of stock options |  |  |  |  |  | — |  |  | 35 |
Weighted average outstanding shares of common stock - diluted |  |  |  |  |  | 14,980 |  |  | 15,339 |
Net income per common share: |  |  |  |  |  |  |  |
Basic |  |  |  |  |  | $ | 1.13 |  |  | $ | 1.75 |
Diluted |  |  |  |  |  | $ | 1.13 |  |  | $ | 1.74 |

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 Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration