v3.26.1
Earnings per Share/Capital Stock (Tables)
 3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Schedule of reconciliation of Registrant's net income and weighted average Common Shares outstanding for calculating basic net income per share
The following is a reconciliation of Registrant’s net income and weighted average Common Shares outstanding used to calculate basic EPS:
Basic: For The Three Months Ended 
 March 31,
(in thousands, except per share amounts)20262025
Net income$29,948 $26,844 
Less: impact from participating securities87 81 
Total income available to common shareholders$29,861 $26,763 
Weighted average Common Shares outstanding, basic39,111 38,253 
Basic earnings per Common Share$0.76 $0.70 
Schedule of reconciliation of Registrant's net income and weighted average Common Shares outstanding for calculating diluted net income per share The following is a reconciliation of Registrant’s net income and weighted average Common Shares outstanding used to calculate diluted EPS:
Diluted: For The Three Months Ended 
 March 31,
(in thousands, except per share amounts)20262025
Common shareholders earnings, basic$29,861 $26,763 
Undistributed earnings for dilutive restricted stock units
30 27 
Total common shareholders earnings, diluted$29,891 $26,790 
Weighted average Common Shares outstanding, basic39,111 38,253 
Stock-based compensation (1)
99 101 
Weighted average Common Shares outstanding, diluted39,210 38,354 
Diluted earnings per Common Share$0.76 $0.70 
(1)     In applying the treasury stock method of reflecting the dilutive effect of outstanding stock-based compensation in calculating diluted EPS, 155,400 and 153,583 restricted stock units, including performance awards to officers of the Company at March 31, 2026 and 2025, respectively, were deemed to be outstanding and included in the calculation of diluted EPS.