Net Income Per Common Share (Tables)

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Net Income Per Common Share

Basic and diluted net income per common share calculations are as follows for the periods presented:

	Three Months Ended
	March 31,
	2024		2023
Basic
Net income applicable to common stock	$	39,409	$	46,078
Average common shares outstanding	56,208,348		56,008,741
Net income per common share - basic	$	0.70	$	0.82
Diluted
Net income applicable to common stock	$	39,409	$	46,078
Average common shares outstanding	56,208,348		56,008,741
Effect of dilutive stock-based compensation	322,730		261,478
Average common shares outstanding - diluted	56,531,078		56,270,219
Net income per common share - diluted	$	0.70	$	0.82

Schedule of Antidilutive Securities

Stock-based compensation awards that could potentially dilute basic net income per common share in the future that were not included in the computation of diluted net income per common share due to their anti-dilutive effect were as follows for the periods presented:

	Three Months Ended
	March 31,
	2024	2023
Number of shares	78,296	68,771