Schedule of Earnings Per Share, Basic and Diluted |
The following table sets forth the computation of EPS for the three and six months ended JuneÌý30, 2023 and 2022 (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, |
Ìý |
2023 |
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2022 |
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2023 |
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2022 |
Net income |
$ |
100,393Ìý |
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$ |
118,894Ìý |
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$ |
186,961Ìý |
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$ |
216,794Ìý |
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Basic earnings per share: |
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Weighted average shares outstanding for basic earnings per share |
7,685,662Ìý |
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7,733,730Ìý |
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7,689,352Ìý |
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7,737,527Ìý |
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Basic earnings per share |
$ |
13.06Ìý |
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$ |
15.37Ìý |
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$ |
24.31Ìý |
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$ |
28.02Ìý |
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Diluted earnings per share: |
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Weighted average shares outstanding for basic earnings per share |
7,685,662Ìý |
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7,733,730Ìý |
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7,689,352Ìý |
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7,737,527Ìý |
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Effect of dilutive securities: |
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Incentive and equity compensation plans |
5,288Ìý |
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3,382Ìý |
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5,196Ìý |
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2,333Ìý |
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Weighted average shares outstanding for diluted earnings per share |
7,690,950Ìý |
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7,737,112Ìý |
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7,694,548Ìý |
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7,739,859Ìý |
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Diluted earnings per share |
$ |
13.05Ìý |
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$ |
15.37Ìý |
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$ |
24.30Ìý |
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$ |
28.01Ìý |
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