Earnings Per Share

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share

Basic earnings per share is computed by dividing net income available to common stockholders by the weighted-average number of common shares outstanding. Diluted earnings per share is computed by dividing net income available to common stockholders by the weighted-average number of common shares plus the effect of dilutive potential common shares outstanding during the period. The following table sets forth the computation of basic and diluted earnings per share (shares in thousands):

	Three Months Ended
	March 31,
	2023		2022
Numerator:
Net income available to common stockholders	451		367
Denominator:
Denominator for basic earnings per share—weighted-average common shares	69,414		72,372
Effect of dilutive securities:
Employee stock options	4		4
Restricted stock units	327		308
Denominator for diluted earnings per share—adjusted weighted-average common shares	69,745		72,684
Basic earnings per share	$	6.50	$	5.07
Diluted earnings per share	$	6.47	$	5.05