| Summary Of Computation Of Basic And Diluted Earnings Per Common Share |
The following table sets forth the computation of basic and diluted earnings per common share for the three months and six months ended June 30, 2025 and 2024. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended
June 30, | | Six Months Ended
June 30, | | (In thousands, except common share and per common share data) | | 2025 | | 2024 | | 2025 | | 2024 | | Numerator: | | | | | | | | | | Net income | | $ | 48,119 | | | $ | 39,369 | | | $ | 90,276 | | | $ | 74,573 | | | Denominator: | | | | | | | | | | Weighted-average common shares outstanding | | 16,129,951 | | | 16,149,523 | | | 16,144,647 | | | 16,133,183 | | | Effect of dilutive PBRSUs | | 85,614 | | | 90,094 | | | 82,503 | | | 82,159 | | | Weighted-average common shares outstanding adjusted for the effect of dilutive PBRSUs | | 16,215,565 | | | 16,239,617 | | | 16,227,150 | | | 16,215,342 | | | Earnings per common share: | | | | | | | | | | Basic earnings per common share | | $ | 2.98 | | | $ | 2.44 | | | $ | 5.59 | | | $ | 4.62 | | | Diluted earnings per common share | | $ | 2.97 | | | $ | 2.42 | | | $ | 5.56 | | | $ | 4.60 | |
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