v3.25.1
Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Numerators and Denominators of Basic Earnings (Loss) Per Share with Diluted Earnings Per Share
The following table reconciles the numerators and denominators of basic and diluted EPS calculations for the periods presented:
Three Months Ended March 31,
(in thousands, except share and per share data)20252024
Numerator for Earnings per Share—Basic and Diluted:
Net income—Treasury Stock Method—Basic and Diluted
$33,401 $31,239 
Less: Income allocated to participating shares— 12 
Net Income Allocated to Shareholders—Two-Class Method—Basic and Diluted
$33,401 $31,227 
Denominator for Earnings per Share—Treasury Stock Method:
Weighted Average Shares Outstanding—Basic38,260,746 38,192,235 
Add: Potentially dilutive shares338,910 239,514 
Denominator for Treasury Stock Method—Diluted38,599,656 38,431,749 
Denominator for Earnings per Share—Two-Class Method:
Weighted Average Shares Outstanding—Basic38,260,746 38,192,235 
Add: Average participating shares outstanding— 225,850 
Denominator for Two-Class Method—Diluted38,260,746 38,418,085 
Earnings per share—basic$0.87 $0.82 
Earnings per share—diluted$0.87 $0.81 
Restricted stock considered anti-dilutive excluded from potentially dilutive shares— 71