Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share:

	Three Months Ended September 30				Nine Months Ended September 30
(in thousands except per share data)	2022		2021		2022		2021
Numerator:
Net income	$	19,372	$	21,142	$	59,371	$	68,691
Denominator:
Basic earnings per share:
Weighted average shares		17,841		17,790		17,832		17,783
Diluted earnings per share:
Effect of dilutive stock options and restricted stock grants		16		18		12		15
Adjusted weighted average shares		17,857		17,808		17,844		17,798
Earnings per share:
Basic earnings per share	$	1.09	$	1.19	$	3.33	$	3.86
Diluted earnings per share		1.08		1.19		3.33		3.86