Annual report pursuant to Section 13 and 15(d)

Earnings Per Share (Tables)

v3.22.4
Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth the computation of net income per share for the years ended December 31, 2022, 2021 and 2020 (in thousands, except number of shares and per share data):

Years Ended December 31,
  2022 2021 2020
Net income $ 446,362  $ 269,980  $ 176,049 
Basic earnings per share:
Weighted average shares outstanding for basic earnings per share 7,721,957  7,752,027  7,756,156 
Basic earnings per share $ 57.80  $ 34.83  $ 22.70 
Diluted earnings per share:
Weighted average shares outstanding for basic earnings per share 7,721,957  7,752,027  7,756,156 
Effect of Dilutive securities:
Stock-based incentive plan 4,852  27  — 
Weighted average shares outstanding for diluted earnings per share 7,726,809  7,752,054  7,756,156 
Diluted earnings per share $ 57.77  $ 34.83  $ 22.70