Annual report pursuant to Section 13 and 15(d)

EARNINGS PER SHARE (Tables)

v3.22.0.1
EARNINGS PER SHARE (Tables)
 12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings per Common Share
Basic and diluted earnings per common share were calculated as follows (in thousands, except per share amounts):
 
Years Ended December 31,
2021 2020 2019
Basic weighted average number of shares outstanding 37,610  37,718  38,100 
Effect of dilutive securities:
Unvested restricted stock 623  766  791 
Diluted average shares outstanding 38,233  38,484  38,891 
Net earnings $ 737,444  $ 423,475  $ 249,663 
Basic earnings per share $ 19.61  $ 11.23  $ 6.55 
Diluted earnings per share $ 19.29  $ 11.00  $ 6.42