| Schedule of Earnings Per Share, Basic and Diluted |
The following table sets forth the computation of EPS for the three and six months ended June 30, 2022 and 2021 (in thousands, except number of shares and per share data):
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Three Months Ended
June 30, |
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Six Months Ended
June 30, |
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2022 |
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2021 |
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2022 |
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2021 |
| Net income |
$ |
118,894 |
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$ |
57,046 |
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$ |
216,794 |
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$ |
107,098 |
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| Basic EPS: |
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| Weighted average shares outstanding for basic EPS |
7,733,730 |
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7,755,886 |
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7,737,527 |
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7,756,020 |
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| Basic EPS |
$ |
15.37 |
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$ |
7.36 |
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$ |
28.02 |
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$ |
13.81 |
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| Diluted EPS: |
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| Weighted average shares outstanding for basic EPS |
7,733,730 |
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7,755,886 |
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7,737,527 |
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7,756,020 |
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| Effect of dilutive securities: |
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| Incentive and equity compensation plans |
3,382 |
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— |
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2,333 |
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— |
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| Weighted average shares outstanding for diluted EPS |
7,737,112 |
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7,755,886 |
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7,739,859 |
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7,756,020 |
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| Diluted EPS |
$ |
15.37 |
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$ |
7.36 |
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$ |
28.01 |
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$ |
13.81 |
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