Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.22.1
Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth the computation of EPS for three months ended March 31, 2022 and 2021 (in thousands, except number of shares and per share data):
Three Months Ended
March 31,
  2022 2021
Net income $ 97,900  $ 50,052 
Basic EPS:
Weighted average shares outstanding for basic EPS 7,741,365  7,756,156 
Basic EPS $ 12.65  $ 6.45 
Diluted EPS:
Weighted average shares outstanding for basic EPS 7,741,365  7,756,156 
Effect of Dilutive securities:
Incentive and equity compensation plans 1,345  — 
Weighted average shares outstanding for diluted EPS 7,742,710  7,756,156 
Diluted EPS $ 12.64  $ 6.45