Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2022

Earnings Per Share [Abstract]

Summary of the net income allocated to common shares and the basic and diluted shares used in the net income per share computations

The following table summarizes the net income and the basic and diluted shares used in the earnings per share computations:

	Year Ended December 31,
(in thousands)	2022		2021		2020
Net income	$	179,350	$	124,080	$	138,237
Less distributed and undistributed earnings allocated to participating securities	—		(210)		(782)
Net income allocated to common shares	$	179,350	$	123,870	$	137,455
Weighted average common shares outstanding	38,115		38,431		38,503
Incremental shares from assumed time-vested and performance-based RSU awards and conversions of common stock options	501		471		317
Adjusted weighted average common shares outstanding	38,616		38,902		38,820
Potentially dilutive securities not included in weighted average share calculation due to anti-dilutive effect	10		—		133