Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.24.3
Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
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, 2024 and 2023 (in thousands, except number of shares and per share data):
Three Months Ended
September 30,
Nine Months Ended
September 30,
  2024 2023 2024 2023
Net income $ 106,594  $ 105,574  $ 335,600  $ 292,535 
Basic earnings per share:
Weighted average shares outstanding for basic earnings per share 22,979,781  23,026,563  22,990,213  23,054,073 
Basic earnings per share $ 4.64  $ 4.58  $ 14.60  $ 12.69 
Diluted earnings per share:
Weighted average shares outstanding for basic earnings per share 22,979,781  23,026,563  22,990,213  23,054,073 
Effect of dilutive securities:
Incentive and equity compensation plans 32,388  18,760  26,520  18,882 
Weighted average shares outstanding for diluted earnings per share 23,012,169  23,045,323  23,016,733  23,072,955 
Diluted earnings per share $ 4.63  $ 4.58  $ 14.58  $ 12.68