Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE

v3.23.1
EARNINGS PER SHARE
3 Months Ended
Mar. 31, 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 March 31,
2023 2022
Basic weighted average number of shares outstanding 36,664  36,996 
Effect of dilutive securities:
Unvested restricted stock 457  531 
Diluted average shares outstanding 37,121  37,527 
Net earnings $ 131,301  $ 217,254 
Basic earnings per share $ 3.58  $ 5.87 
Diluted earnings per share $ 3.54  $ 5.79