NET INCOME PER COMMON SHARE (Tables)

12 Months Ended

Dec. 31, 2023

Earnings Per Share [Abstract]

Calculation of Net Income Per Common Share

The calculation of net income per common share for the years ended December 31 is presented in the following table:

(Dollars and amounts in thousands, except per share data)	2023		2022		2021
Net income	$	122,844	$	166,299	$	235,107
Less: Distributed and undistributed earnings allocated to participating securities	(223)		(681)		(1,508)
Net income attributable to common shareholders	$	122,621	$	165,618	$	233,599
Total weighted average outstanding shares	44,907		45,049		46,995
Less: Weighted average participating securities	(81)		(186)		(304)
Basic weighted average common shares	44,825		44,863		46,691
Dilutive weighted average common stock equivalents	122		176		208
Diluted weighted average common shares	44,947		45,039		46,899
Basic net income per common share	$	2.74	$	3.69	$	5.00
Diluted net income per common share	$	2.73	$	3.68	$	4.98
Anti-dilutive shares	22		9		—