Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 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				Six Months Ended
	June 30				June 30
(in thousands except per share data)	2023		2022		2023		2022
Numerator:
Net income	$	19,404	$	20,271	$	38,717	$	39,999
Denominator:
Basic earnings per share:
Weighted average shares		17,884		17,835		17,877		17,827
Diluted earnings per share:
Effect of dilutive stock options and restricted stock grants		6		8		8		11
Adjusted weighted average shares		17,890		17,843		17,885		17,838
Earnings per share:
Basic earnings per share	$	1.09	$	1.14	$	2.17	$	2.24
Diluted earnings per share		1.08		1.14		2.16		2.24