Annual report pursuant to Section 13 and 15(d)

EARNINGS PER SHARE

v3.22.4
EARNINGS PER SHARE
12 Months Ended
Dec. 31, 2022
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):
 
Years Ended December 31,
2022 2021 2020
Basic weighted average number of shares outstanding 36,694  37,610  37,718 
Effect of dilutive securities:
Unvested restricted stock 407  623  766 
Diluted average shares outstanding 37,101  38,233  38,484 
Net earnings $ 992,192  $ 737,444  $ 423,475 
Basic earnings per share $ 27.04  $ 19.61  $ 11.23 
Diluted earnings per share $ 26.74  $ 19.29  $ 11.00