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Earnings Per Share | 12 Months Ended
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Dec. 31, 2022
Earnings Per Share [Abstract] |
Earnings Per Share | Earnings Per Share The following table sets forth the computation of basic and diluted earnings per share:
(in thousands, except per share data) | 2022 |  | 2021 |  |
Numerator: |  |  |  |  |
Net earnings | $ | 22,066 |  |  | $ | 20,245 |  |  |
Denominator: |  |  |  |  |
Denominator for basic earnings per share - weighted average shares | 10,230 |  |  | 9,340 |  |  |
Effect of dilutive securities: |  |  |  |  |
Employee stock options and stock grants | 180 |  |  | 116 |  |  |
Denominator for diluted earnings per share - weighted average shares | 10,410 |  |  | 9,456 |  |  |
Net earnings per share: |  |  |  |  |
Basic | $ | 2.16 |  |  | $ | 2.17 |  |  |
Diluted | $ | 2.12 |  |  | $ | 2.14 |  |  |
The diluted earnings per share calculations exclude the effect of potentially dilutive shares when the inclusion of those shares in the calculation would have an anti-dilutive effect. The Company had an insignificant number of shares of common stock that were anti-dilutive in 2022. The Company had 0.1 million shares of common stock that were anti-dilutive in 2021

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