Earnings Per Common Share

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

Earnings Per Common Share

NOTE 13. EARNINGS PER COMMON SHARE

The following table presents the computation of basic and diluted earnings per common share for the three months ended March 31 (in thousands, except per share amounts):

	2024		2023
Numerator:
Net income	$	71,495	$	54,845
Denominator:
Weighted-average number of common shares outstanding-basic		78,161		75,169
Effect of dilutive securities:
Performance and restricted stock awards		50		106
Weighted-average number of common shares outstanding-diluted		78,211		75,275
Earnings per common share:
Basic	$	0.91	$	0.73
Diluted	$	0.91	$	0.73

There were no shares excluded from the calculation because they were antidilutive.