XML 36 R27.htm IDEA: XBRL DOCUMENT v3.23.3
EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2023
EARNINGS PER SHARE  
Schedule of reconciliation of weighted average shares outstanding

Three months ended

Nine months ended

September 30, 

September 30, 

(in thousands)

    

2023

    

2022

    

2023

    

2022

Net income available for stockholders:

$

10,403

$

11,472

$

36,273

$

28,490

Less: Adjustments for earnings attributable to participating securities

 

(249)

 

(254)

 

(866)

 

(602)

Net income used in calculating earnings per share

$

10,154

$

11,218

$

35,407

$

27,888

Weighted average shares outstanding (including participating securities)

 

34,467

 

34,225

 

34,435

 

34,172

Adjustment for participating securities

 

(839)

 

(768)

 

(833)

 

(737)

Shares used in calculating basic and diluted earnings per share

 

33,628

 

33,457

 

33,602

 

33,435