Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2023

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				Six Months
	ended June 30,				ended June 30,
	2023		2022		2023		2022
Net income	$	19,189	$	39,810	$	34,720	$	69,365
Weighted average number of shares – basic		45,339,570		44,960,464		45,319,155		44,870,642
Shares underlying options		1,957,849		2,191,793		1,986,041		2,103,799
Weighted average number of shares – diluted		47,297,419		47,152,257		47,305,196		46,974,441