Annual report [Section 13 and 15(d), not S-K Item 405]

Earnings per Share (Tables)

v3.25.0.1
Earnings per Share (Tables)
 12 Months Ended
Dec. 31, 2024
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)
 2024 2023 2022
Weighted average common shares outstanding, used in computing basic earnings per share
 58,333  61,232  62,754 
Effect of dilutive stock options and restricted stock units 169  192  216 
Weighted average common shares outstanding, used in computing diluted earnings per share
 58,502  61,424  62,970 
Earnings per share:
Basic $ 3.83  $ 4.11  $ 4.96 
Diluted $ 3.82  $ 4.09  $ 4.95 
Weighted average common shares excluded (1)
1,932  1,996  1,735 
(1) Common stock related to stock options, time-based restricted stock units, market-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.