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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2024
EARNINGS PER SHARE  
Schedule of reconciliation of weighted average shares outstanding

Three months ended

Nine months ended

September 30, 

September 30, 

(in thousands)

    

2024

    

2023

    

2024

    

2023

    

Net income available for stockholders:

$

3,404

$

10,403

$

13,586

$

36,273

Less: Adjustments for earnings attributable to participating securities

 

(118)

 

(249)

 

(957)

 

(866)

Net income used in calculating earnings per share

$

3,286

$

10,154

$

12,629

$

35,407

Weighted average shares outstanding (including participating securities)

 

34,713

 

34,467

 

34,684

 

34,435

Adjustment for participating securities

 

(876)

 

(839)

 

(880)

 

(833)

Shares used in calculating basic and diluted earnings per share

 

33,837

 

33,628

 

33,804

 

33,602