Earnings Per Common Share (Tables)

9 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

Summary Of Computation Of Basic And Diluted Earnings Per Common Share

The following table sets forth the computation of basic and diluted earnings per common share for the three month and nine months ended September 30, 2022 and 2021.

 

	Three Months Ended September 30,				Nine Months Ended September 30,
(In thousands, except share and per common share data)	2022		2021		2022		2021
Numerator:
Net income	$	42,068	$	35,434	$	115,267	$	117,397
Denominator:
Weighted-average common shares outstanding	16,253,704		16,292,312		16,240,966		16,315,996
Effect of dilutive PBRSUs and TBRSUs	121,278		131,600		114,824		129,572
Weighted-average common shares outstanding adjusted for the effect of dilutive PBRSUs and TBRSUs	16,374,982		16,423,912		16,355,790		16,445,568
Earnings per common share:
Basic earnings per common share	$	2.59	$	2.17	$	7.10	$	7.20
Diluted earnings per common share	$	2.57	$	2.16	$	7.05	$	7.14