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Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.23.2
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract] Ìý
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):
Three Months Ended
June 30,
Six Months Ended
June 30,
Ìý 2023 2022 2023 2022
Net income $ 100,393Ìý $ 118,894Ìý $ 186,961Ìý $ 216,794Ìý
Basic earnings per share:
Weighted average shares outstanding for basic earnings per share 7,685,662Ìý 7,733,730Ìý 7,689,352Ìý 7,737,527Ìý
Basic earnings per share $ 13.06Ìý $ 15.37Ìý $ 24.31Ìý $ 28.02Ìý
Diluted earnings per share:
Weighted average shares outstanding for basic earnings per share 7,685,662Ìý 7,733,730Ìý 7,689,352Ìý 7,737,527Ìý
Effect of dilutive securities:
Incentive and equity compensation plans 5,288Ìý 3,382Ìý 5,196Ìý 2,333Ìý
Weighted average shares outstanding for diluted earnings per share 7,690,950Ìý 7,737,112Ìý 7,694,548Ìý 7,739,859Ìý
Diluted earnings per share $ 13.05Ìý $ 15.37Ìý $ 24.30Ìý $ 28.01Ìý