EARNINGS PER COMMON SHARE (Tables)

12 Months Ended

Dec. 31, 2022

Earnings Per Share [Abstract]

Schedule of Earnings Per Share

Income per common share is calculated for the years ended December 31, 2022, 2021 and 2020 as follows:  

(thousands except per share data)	2022		2021		2020
Numerator:
Earnings for basic per share calculation	$	328,196	$	224,915	$	97,061
Effect of interest on potentially dilutive convertible notes, net of tax	$	1,927	$	—	$	—
Earnings for dilutive per share calculation	$	330,123	$	224,915	$	97,061
Denominator:
Weighted average common shares outstanding - basic	22,140		22,780		22,730
Weighted average impact of potentially dilutive convertible notes	2,059		—		—
Effect of potentially dilutive securities	272		575		357
Weighted average common shares outstanding - diluted	24,471		23,355		23,087
Earnings per common share:
Basic earnings per common share	$	14.82	$	9.87	$	4.27
Diluted earnings per common share	$	13.49	$	9.63	$	4.20
Cash dividends paid per common share	$	1.44	$	1.17	$	1.03