Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2023

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 months and the six months ended June 30, 2023 and 2022.

 

	Three Months Ended June 30,				Six Months Ended June 30,
(In thousands, except common share and per common share data)	2023		2022		2023		2022
Numerator:
Net income	$	31,584	$	34,324	$	65,317	$	73,199
Denominator:
Weighted-average common shares outstanding	16,165,119		16,249,307		16,203,736		16,234,598
Effect of dilutive PBRSUs and TBRSUs	75,481		111,939		78,957		111,543
Weighted-average common shares outstanding adjusted for the effect of dilutive PBRSUs and TBRSUs	16,240,600		16,361,246		16,282,693		16,346,141
Earnings per common share:
Basic earnings per common share	$	1.95	$	2.11	$	4.03	$	4.51
Diluted earnings per common share	$	1.94	$	2.10	$	4.01	$	4.48