Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2022

Summary of Significant Accounting Policies

Schedule of reconciliation of shares used to determine net income per share

The reconciliation of shares used to determine net income per share is as follows (dollars in thousands, unaudited):

	Three Months				Nine Months
	ended September 30,				ended September 30,
	2022		2021		2022		2021
Net income	$	29,356	$	15,870	$	98,721	$	26,071
Weighted average number of shares – basic		45,063,810		43,870,825		44,935,739		43,576,211
Shares underlying options		2,117,614		3,093,697		2,117,271		2,836,480
Weighted average number of shares – diluted		47,181,424		46,964,522		47,053,010		46,412,691