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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2023
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
 
 
March 31
 
(in thousands except per share data)
 
2023
   
2022
 
Numerator:
           
Net income
 
$
19,313
   
$
19,728
 
                 
Denominator:
               
Basic earnings per share:
               
Weighted average shares
   
17,872
     
17,820
 
Diluted earnings per share:
               
Effect of dilutive stock options and restricted stock grants
   
12
     
12
 
Adjusted weighted average shares
   
17,884
     
17,832
 
                 
Earnings per share:
               
Basic earnings per share
 
$
1.08
   
$
1.11
 
Diluted earnings per share
   
1.08
     
1.11