Earnings Per Share

9 Months Ended

Sep. 30, 2023

Earnings Per Share [Abstract]

EPS Calculation

NW Holdings' diluted earnings or loss per share are calculated as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
In thousands, except per share data	2023		2022		2023		2022
Net income (loss)	$	(23,687)	$	(19,587)	$	49,228	$	38,367
Average common shares outstanding - basic	36,214		34,939		35,950		33,491
Additional shares for stock-based compensation plans (See Note 8)	—		—		30		48
Average common shares outstanding - diluted	36,214		34,939		35,980		33,539
Earnings (loss) per share of common stock:
Basic	$	(0.65)	$	(0.56)	$	1.37	$	1.15
Diluted	$	(0.65)	$	(0.56)	$	1.37	$	1.14
Additional information:
Anti-dilutive shares	45		85		1		—