Earnings per share for the three months ended March 31, 2025 and 2024 are calculated for basic and diluted earnings per share as follows:


	Basic				Diluted
(in thousands, except per share amounts)	Three Months Ended March 31,				Three Months Ended March 31,
	2025		2024		2025		2024
Net income available to common shareholders	$	15,275	$	17,801	$	15,275	$	17,801
Earnings allocated to participating securities	(1,564)		(1,805)		(1,533)		(1,778)
Net income available to common shareholders	$	13,711	$	15,996	$	13,742	$	16,023
Basic Weighted-Average Shares Outstanding	19,607		19,099		19,607		19,099
Dilutive effect of common stock options, ESPP, and performance stock units					439		323
Diluted Weighted-Average Shares Outstanding					20,046		19,422

Earnings per share	$	0.70	$	0.84	$	0.69	$	0.82