(in thousands except per share data)

Three Months Ended

Nine Months Ended

September 30,

2022

2021

2022

2021

Numerators:

Income from continuing operations

$

49,961

$

16,442

$

96,654

$

40,459

Income from discontinued operations

525

-

525

2,540

Net income

$

50,486

$

16,442

$

97,179

$

42,999

Denominator:

Denominator for basic income per share – weighted-average shares

14,405

16,782

15,495

16,832

Effect of dilutive securities:

Equivalent shares issuable upon conversion of unvested restricted shares

305

193

271

209

Equivalent shares issuable upon conversion of unvested employee stock options

182

-

109

-

Denominator for diluted income per share adjusted weighted-average shares and assumed conversions

14,892

16,975

15,875

17,041

Basic income per share:

Income from continuing operations

$

3.47

$

0.98

$

6.24

$

2.40

Income from discontinued operations

0.04

-

0.03

0.15

Net income

$

3.50

$

0.98

$

6.27

$

2.55

Diluted income per share:

Income from continuing operations

$

3.36

$

0.97

$

6.09

$

2.37

Income from discontinued operations

0.04

-

0.03

0.15

Net income

$

3.39

$

0.97

$

6.12

$

2.52