EARNINGS PER COMMON SHARE (Tables)

12 Months Ended

Dec. 31, 2022

Earnings Per Share [Abstract]

Schedule of Earnings Per Share

Income per common share is calculated for the years ended December 31, 2022, 2021 and 2020 as follows:


(thousands except per share data)						2022						2021						2020
Numerator:
Earnings for basic per share calculation						$	328,196					$	224,915					$	97,061
Effect of interest on potentially dilutive convertible notes, net of tax						$	1,927					$	—					$	—
Earnings for dilutive per share calculation						$	330,123					$	224,915					$	97,061

Denominator:
Weighted average common shares outstanding - basic						22,140						22,780						22,730
Weighted average impact of potentially dilutive convertible notes						2,059						—						—
Effect of potentially dilutive securities						272						575						357
Weighted average common shares outstanding - diluted						24,471						23,355						23,087

Earnings per common share:
Basic earnings per common share						$	14.82					$	9.87					$	4.27
Diluted earnings per common share						$	13.49					$	9.63					$	4.20

Cash dividends paid per common share						$	1.44					$	1.17					$	1.03