Quarterly report pursuant to Section 13 or 15(d)

Earnings per Share (Tables)

v3.24.3
Earnings per Share (Tables)
 9 Months Ended
Sep. 30, 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:

Three Months Ended September 30,
Nine Months Ended September 30,
(in thousands, except per share amounts)
 2024 2023 2024 2023
Weighted average common shares outstanding, used in computing basic earnings per share
 57,785  60,844  58,896  61,575 
Effect of dilutive stock options and restricted stock units 151  88  147  200 
Weighted average common shares outstanding, used in computing diluted earnings per share
 57,936  60,932  59,043  61,775 
Earnings per share:
Basic $ 1.56  $ 1.70  $ 2.05  $ 2.57 
Diluted $ 1.56  $ 1.70  $ 2.04  $ 2.56 
Weighted average common shares excluded (1)
1,957  2,266  2,005  1,989 
(1) Common stock related to stock options, 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.