Earnings Per Common Share (Tables)

9 Months Ended

Sep. 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 nine months ended September 30, 2023 and 2022.

 

	Three Months Ended September 30,				Nine Months Ended September 30,
(In thousands, except common share and per common share data)	2023		2022		2023		2022
Numerator:
Net income	$	36,917	$	42,068	$	102,234	$	115,267
Denominator:
Weighted-average common shares outstanding	16,133,310		16,253,704		16,180,261		16,240,966
Effect of dilutive PBRSUs and TBRSUs	84,570		121,278		80,848		114,824
Weighted-average common shares outstanding adjusted for the effect of dilutive PBRSUs and TBRSUs	16,217,880		16,374,982		16,261,109		16,355,790
Earnings per common share:
Basic earnings per common share	$	2.29	$	2.59	$	6.32	$	7.10
Diluted earnings per common share	$	2.28	$	2.57	$	6.29	$	7.05