Year Ended December 31,

2023

2022

2021

(In thousands, except per share data)

Numerator:

Numerator for basic and diluted earnings per share

$

45,343

$

85,983

$

47,524

Denominator:

Denominator for basic earnings per share - weighted average number of common shares outstanding during the year

20,896

20,958

22,562

Incremental common shares attributable to exercise of outstanding options and warrants

4,322

5,631

3,218

Denominator for diluted earnings per share

25,218

26,589

25,780

Basic earnings per share

$

2.17

$

4.10

$

2.11

Diluted earnings per share

$

1.80

$

3.23

$

1.84