Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Schedule of weighted average number of common shares used to compute basic and dilute earnings per share

Net income and the weighted average number of common shares used to compute basic and diluted earnings per share were as follows:

	Three months ended June 30,				Six months ended June 30,
(in thousands, except per share data)	2023		2022		2023		2022
Numerator:
Net income	$	22,273	$	19,684	$	45,436	$	40,372
Denominator:
Weighted average common shares outstanding	16,707		16,894		16,662		16,904
Weighted average dilutive securities	102		176		155		237
Weighted average common shares outstanding, diluted	16,809		17,070		16,817		17,141
Income per common share:
Basic	$	1.33	$	1.17	$	2.73	$	2.39
Diluted	$	1.33	$	1.15	$	2.70	$	2.36

Schedule of shared excluded from calculation of dilute securities

The following table summarizes the shares of common stock underlying the Company’s unvested time-vested stock awards and performance awards that were excluded from the calculation of dilutive securities:

	Three months ended June 30,		Six months ended June 30,
(in thousands)	2023	2022	2023	2022
Time-vested stock awards	—	35	—	35
Performance awards	14	32	14	32