Earnings Per Share

12 Months Ended

Dec. 31, 2023

Earnings Per Share [Abstract]

Earnings Per Share

(20)Earnings Per Share

The computation of basic earnings per share is based on the weighted average number of common shares outstanding during the period. The computation of diluted earnings per share for the Company begins with the basic earnings per share plus the effect of common shares contingently issuable from stock options, restricted share units and performance share units.

The following is a summary of the components comprising basic and diluted earnings per share (“EPS”):

	Years Ended December 31,
	2023		2022		2021
Basic EPS Computation:
Numerator – Earnings available to common shareholders	$	48,938		53,042		49,426
Denominator – Weighted average number of common shares outstanding		11,611,690		11,377,617		11,131,897
Basic earnings per common share	$	4.21		4.66	4.44
Diluted EPS Computation:
Numerator – Earnings available to common shareholders	$	48,938		53,042		49,426
Denominator – Weighted average number of common shares outstanding		11,611,690		11,377,617		11,131,897
Dilutive effect of stock options, RSUs and PSUs		29,676		31,307		31,059
		11,641,366		11,408,924		11,162,956
Diluted earnings per common share	$	4.20		4.65	4.43