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EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2024

EARNINGS PER SHARE

Schedule of reconciliation of weighted average shares outstanding


		Three months ended						Six months ended
		June 30,						June 30,
(in thousands)		2024			2023			2024			2023
Net income available for stockholders:		$	5,585		$	14,321		$	10,182		$	25,870
Less: Adjustments for earnings attributable to participating securities			(719)			(343)			(839)			(616)
Net income used in calculating earnings per share		$	4,866		$	13,978		$	9,343		$	25,254

Weighted average shares outstanding (including participating securities)			34,708			34,458			34,670			34,419
Adjustment for participating securities			(886)			(839)			(883)			(830)
Shares used in calculating basic and diluted earnings per share			33,822			33,619			33,787			33,589