Annual report pursuant to Section 13 and 15(d)

Net Income Per Share (Tables)

v3.22.0.1
Net Income Per Share (Tables)
 12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth the computation of net income per share for the years ended December 31, 2021, 2020 and 2019 (in thousands, except number of shares and per share data):

Years Ended December 31,
  2021 2020 2019
Net income $ 269,980  $ 176,049  $ 318,728 
Basic earnings per share:
Weighted average shares outstanding for basic earnings per share 7,752,027  7,756,156  7,756,437 
Basic earnings per share $ 34.83  $ 22.70  $ 41.09 
Diluted earnings per share:
Weighted average shares outstanding for basic earnings per share 7,752,027  7,756,156  7,756,437 
Effect of Dilutive securities:
Stock-based incentive plan 27  —  — 
Weighted average shares outstanding for diluted earnings per share 7,752,054  7,756,156  7,756,437 
Diluted earnings per share $ 34.83  $ 22.70  $ 41.09