Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE

v3.23.2
EARNINGS PER SHARE
6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
Basic and diluted earnings per common share were calculated as follows (in thousands, except per share amounts):
 
Three Months Ended June 30, Six Months Ended June 30,
2023 2022 2023 2022
Basic weighted average number of shares outstanding 36,765  36,647  36,715  36,820 
Effect of dilutive securities:
Unvested restricted stock 426  315  434  419 
Diluted average shares outstanding 37,191  36,962  37,149  37,239 
Net earnings $ 186,836  $ 250,084  $ 318,137  $ 467,338 
Basic earnings per share $ 5.08  $ 6.82  $ 8.67  $ 12.69 
Diluted earnings per share $ 5.02  $ 6.77  $ 8.56  $ 12.55