Schedule of Earnings Per Share, Basic and Diluted |
The following table sets forth the computation of EPS for the three and nine months ended SeptemberÌý30, 2023 and 2022 (in thousands, except number of shares and per share data):
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Three Months Ended September 30, |
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Nine Months Ended September 30, |
Ìý |
2023 |
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2022 |
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2023 |
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2022 |
Net income |
$ |
105,574Ìý |
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$ |
129,837Ìý |
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$ |
292,535Ìý |
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$ |
346,631Ìý |
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Basic earnings per share: |
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Weighted average shares outstanding for basic earnings per share |
7,675,521Ìý |
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7,714,796Ìý |
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7,684,691Ìý |
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7,729,866Ìý |
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Basic earnings per share |
$ |
13.75Ìý |
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$ |
16.83Ìý |
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$ |
38.07Ìý |
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$ |
44.84Ìý |
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Diluted earnings per share: |
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Weighted average shares outstanding for basic earnings per share |
7,675,521Ìý |
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7,714,796Ìý |
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7,684,691Ìý |
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7,729,866Ìý |
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Effect of dilutive securities: |
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Incentive and equity compensation plans |
6,253Ìý |
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5,425Ìý |
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6,294Ìý |
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3,639Ìý |
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Weighted average shares outstanding for diluted earnings per share |
7,681,774Ìý |
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7,720,221Ìý |
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7,690,985Ìý |
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7,733,505Ìý |
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Diluted earnings per share |
$ |
13.74Ìý |
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$ |
16.82Ìý |
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$ |
38.04Ìý |
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$ |
44.82Ìý |
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