Quarterly report [Sections 13 or 15(d)]

Earnings Per Share (Tables)

v3.25.1
Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth the computation of EPS for the three months ended March 31, 2025 and 2024 (in thousands, except number of shares and per share data):
Three Months Ended
March 31,
  2025 2024
Net income $ 120,652  $ 114,417 
Basic earnings per share:
Weighted average shares outstanding for basic earnings per share 22,980,695  23,003,001 
Basic earnings per share $ 5.25  $ 4.97 
Diluted earnings per share:
Weighted average shares outstanding for basic earnings per share 22,980,695  23,003,001 
Effect of dilutive securities:
Incentive and equity compensation plans 25,152  17,248 
Weighted average shares outstanding for diluted earnings per share 23,005,847  23,020,249 
Diluted earnings per share $ 5.24  $ 4.97