Earnings Per Share

12 Months Ended

Dec. 31, 2023

EARNINGS PER SHARE

The following table sets forth the computation of basic and diluted income per share, including a reconciliation of net income and the number of shares used in computing basic and diluted income per share. Basic income per share is determined using the weighted average shares of common stock (including DSUs) outstanding during the period. Diluted income per share is determined using the weighted average shares of common stock (including DSUs) outstanding during the period, and assumes all potentially dilutive securities were converted into common shares at the earliest date possible. There were no potentially dilutive securities outstanding during the years ended December 31, 2023, 2022 and 2021.


	Year Ended December 31,
(Amounts in thousands, except share and per share amounts)	2023		2022		2021
Income from continuing operations	$	102,413	$	57,632	$	130,582
Income from discontinued operations (see Note 8)	—		—		2,348
Net income	$	102,413	$	57,632	$	132,930

Weighted average shares outstanding – basic and diluted	5,129,330		5,126,100		5,123,613

Income from continuing operations	$	19.97	$	11.24	$	25.48
Income from discontinued operations (see Note 8)	—		—		0.46
Net income per common share – basic and diluted	$	19.97	$	11.24	$	25.94