XML 32 R17.htm IDEA: XBRL DOCUMENT v3.24.3
Net Income per Share
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Net Income per Share Net Income per Share
The computation of the Company's basic and diluted net income per share is as follows:
 Three Months Ended September 30,Nine Months Ended September 30,
 2024202320242023
 (In thousands, except per share data)
Numerator for basic and diluted income per common share:  
Net income$19,061 $18,479 $59,716 $64,137 
Less: Net income allocated to unvested participating restricted stock(553)(431)(1,760)(1,551)
Net income available to common stockholders - basic18,508 18,048 57,956 62,586 
Effect of unvested participating restricted stock in two-class calculation— — 
Net income available to common stockholders - diluted$18,508 $18,049 $57,957 $62,586 
Denominator:  
Weighted average outstanding shares of common stock - basic14,897 15,217 14,940 15,275 
Dilutive effect of stock options— — 14 
Weighted average outstanding shares of common stock - diluted14,897 15,220 14,940 15,289 
Net income per common share:  
Basic$1.24 $1.19 $3.88 $4.10 
Diluted$1.24 $1.19 $3.88 $4.09