The following table sets forth the computation of EPS for the three months ended MarchÌý31, 2023 and 2022 (in thousands, except number of shares and per share data):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended March 31, |
|
|
Ìý |
2023 |
|
2022 |
|
|
|
|
Net income |
$ |
86,568Ìý |
|
|
$ |
97,900Ìý |
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic earnings per share: |
|
|
|
|
|
|
|
Weighted average shares outstanding for basic earnings per share |
7,693,084Ìý |
|
|
7,741,365Ìý |
|
|
|
|
|
Basic earnings per share |
$ |
11.25Ìý |
|
|
$ |
12.65Ìý |
|
|
|
|
|
|
|
|
|
|
|
|
|
Diluted earnings per share: |
|
|
|
|
|
|
|
Weighted average shares outstanding for basic earnings per share |
7,693,084Ìý |
|
|
7,741,365Ìý |
|
|
|
|
|
Effect of dilutive securities: |
|
|
|
|
|
|
|
Incentive and equity compensation plans |
5,314Ìý |
|
|
1,345Ìý |
|
|
|
|
|
Weighted average shares outstanding for diluted earnings per share |
7,698,398Ìý |
|
|
7,742,710Ìý |
|
|
|
|
|
Diluted earnings per share |
$ |
11.24Ìý |
|
|
$ |
12.64Ìý |
|
|
|
|
|
|