| Schedule of Earnings Per Share, Basic and Diluted |
The following table sets forth the computation of EPS for the three and nine months ended September 30, 2022 and 2021 (in thousands, except number of shares and per share data):
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Three Months Ended
September 30, |
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Nine Months Ended
September 30, |
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2022 |
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2021 |
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2022 |
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2021 |
| Net income |
$ |
129,837 |
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$ |
83,837 |
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$ |
346,631 |
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$ |
190,935 |
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| Basic EPS: |
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| Weighted average shares outstanding for basic EPS |
7,714,796 |
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7,751,329 |
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7,729,866 |
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7,754,439 |
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| Basic EPS |
$ |
16.83 |
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$ |
10.82 |
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$ |
44.84 |
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$ |
24.62 |
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| Diluted EPS: |
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| Weighted average shares outstanding for basic EPS |
7,714,796 |
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7,751,329 |
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7,729,866 |
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7,754,439 |
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| Effect of dilutive securities: |
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| Incentive and equity compensation plans |
5,425 |
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— |
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3,639 |
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— |
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| Weighted average shares outstanding for diluted EPS |
7,720,221 |
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7,751,329 |
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7,733,505 |
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7,754,439 |
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| Diluted EPS |
$ |
16.82 |
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$ |
10.82 |
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$ |
44.82 |
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$ |
24.62 |
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