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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Earnings Per Share, Basic and Diluted

The following table sets forth the computation of basic and diluted EPS (in thousands, except per share data):

Three months ended June 30,

Six months ended June 30,

2021

2020

2021

2020

Numerator:

Net income

$

46,963

$

21,935

$

88,026

$

40,412

Denominator:

Weighted average shares of common stock outstanding

11,753

11,777

11,762

11,774

Effect of dilutive common stock equivalents

105

44

107

48

Weighted average shares of common stock outstanding

11,858

11,821

11,869

11,822

Earnings per share - basic

$

4.00

$

1.86

$

7.48

$

3.43

Earnings per share - diluted

$

3.96

$

1.86

$

7.42

$

3.42