Earnings Per Share (Tables)

9 Months Ended

Sep. 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 September 30,				Nine months ended September 30,
(in thousands, except per share data)	2023		2022		2023		2022
Numerator:
Net income	$	21,512	$	18,436	$	66,948	$	58,808
Denominator:
Weighted average common shares outstanding	16,710		16,659		16,678		16,822
Weighted average dilutive securities	119		194		143		222
Weighted average common shares outstanding, diluted	16,829		16,853		16,821		17,044
Income per common share:
Basic	$	1.29	$	1.11	$	4.01	$	3.50
Diluted	$	1.28	$	1.09	$	3.98	$	3.45

Schedule of shared excluded from calculation of dilute securities

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

	Three months ended September 30,		Nine months ended September 30,
(in thousands)	2023	2022	2023	2022
Performance awards	—	13	14	13