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EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2023

EARNINGS PER SHARE

Schedule of reconciliation of weighted average shares outstanding


		Three months ended						Six months ended
		June 30,						June 30,
(in thousands)		2023			2022			2023			2022
Net income available for stockholders:		$	14,321		$	9,955		$	25,870		$	17,018
Less: Adjustments for earnings attributable to participating securities			(343)			(208)			(616)			(350)
Net income used in calculating earnings per share		$	13,978		$	9,747		$	25,254		$	16,668

Weighted average shares outstanding (including participating securities)			34,458			34,191			34,419			34,146
Adjustment for participating securities			(839)			(743)			(830)			(718)
Shares used in calculating basic and diluted earnings per share			33,619			33,448			33,589			33,428