Earnings Per Common Share (Tables)

3 Months Ended

Mar. 31, 2024

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 ended March 31, 2024 and 2023.

 

	Three Months Ended March 31,
(In thousands, except common share and per common share data)	2024		2023
Numerator:
Net income	$	35,204	$	33,733
Denominator:
Weighted-average common shares outstanding	16,116,842		16,242,353
Effect of dilutive PBRSUs and TBRSUs	74,223		82,470
Weighted-average common shares outstanding adjusted for the effect of dilutive PBRSUs and TBRSUs	16,191,065		16,324,823
Earnings per common share:
Basic earnings per common share	$	2.18	$	2.08
Diluted earnings per common share	$	2.17	$	2.07