Earnings Per Share

9 Months Ended

Sep. 30, 2023

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per ShareBasic 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				Nine Months Ended
	September 30,				September 30,
	2023		2022		2023		2022
Numerator:
Net income available to common stockholders	$	703	$	606	1,745		1,466
Denominator:
Denominator for basic earnings per share—weighted-average common shares	68,153		69,854		68,757		71,140
Effect of dilutive securities:
Employee stock options	4		4		4		4
Restricted stock units	106		195		181		193
Denominator for diluted earnings per share—adjusted weighted-average common shares	68,263		70,053		68,942		71,337
Basic earnings per share	$	10.30	$	8.69	$	25.37	$	20.61
Diluted earnings per share	$	10.29	$	8.66	$	25.30	$	20.56