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Earnings Per Common Share (Tables)
 12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Common Share

The following table is a reconciliation of the numerator and denominator used in the computation of basic and diluted earnings per common share using the two-class method (in thousands except per share data):

 

 

 

Year ended December 31,

 

 

 

2022

 

 

2021

 

 

2020

 

Net earnings

 

$

90,043

 

 

$

62,860

 

 

$

69,388

 

Less dividend equivalents attributable to RSUs outstanding

 

 

(2,103

)

 

 

(1,437

)

 

 

(1,355

)

Net earnings attributable to common stockholders used in basic
   and diluted earnings per share calculation

 

$

87,940

 

 

$

61,423

 

 

$

68,033

 

Weighted average common shares outstanding:

 

 

 

 

 

 

 

 

 

Basic

 

 

46,730

 

 

 

44,782

 

 

 

42,040

 

Incremental shares from stock-based compensation

 

 

106

 

 

 

37

 

 

 

30

 

Incremental shares from ATM Program forward agreements

 

 

2

 

 

 

—

 

 

 

—

 

Diluted

 

 

46,838

 

 

 

44,819

 

 

 

42,070

 

Basic earnings per common share

 

$

1.88

 

 

$

1.37

 

 

$

1.62

 

Diluted earnings per common share

 

 

1.88

 

 

 

1.37

 

 

 

1.62