Annual report pursuant to Section 13 and 15(d)

Earnings per Share (Tables)

v3.24.0.1
Earnings per Share (Tables)
 12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
A reconciliation of the common shares used in the denominator for computing basic and diluted EPS is as follows:

Year Ended December 31,
(in thousands, except per share amounts)
 2023 2022 2021
Weighted average common shares outstanding, used in computing basic earnings per share
 61,232  62,754  65,942 
Effect of dilutive stock options and restricted stock units 192  216  473 
Weighted average common shares outstanding, used in computing diluted earnings per share
 61,424  62,970  66,415 
Earnings per share:
Basic $ 4.11  $ 4.96  $ 5.37 
Diluted $ 4.09  $ 4.95  $ 5.33 
Anti-dilutive common shares (1)
1,996  1,735  844 
(1) Common stock related to stock options and service-based restricted stock units, and performance-based restricted stock units were outstanding but were excluded from the computation of diluted EPS because their effect would be anti-dilutive under the treasury stock method or because the shares were subject to performance conditions that had not been met.