Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 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 and six months ended June 30, 2024 and 2023.

 

	Three Months Ended June 30,				Six Months Ended June 30,
(In thousands, except common share and per common share data)	2024		2023		2024		2023
Numerator:
Net income	$	39,369	$	31,584	$	74,573	$	65,317
Denominator:
Weighted-average common shares outstanding	16,149,523		16,165,119		16,133,183		16,203,736
Effect of dilutive PBRSUs and TBRSUs	90,094		75,481		82,159		78,957
Weighted-average common shares outstanding adjusted for the effect of dilutive PBRSUs and TBRSUs	16,239,617		16,240,600		16,215,342		16,282,693
Earnings per common share:
Basic earnings per common share	$	2.44	$	1.95	$	4.62	$	4.03
Diluted earnings per common share	$	2.42	$	1.94	$	4.60	$	4.01