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Basis of Presentation (Tables)

6 Months Ended

Jun. 30, 2021

Accounting Policies [Abstract]

Schedule of Other Expense (Income), Net

Other expense, net consists of the following ($000’s omitted): 

			Three Months Ended												Six Months Ended
			June 30,												June 30,
			2021						2020						2021						2020
Write-offs of deposits and pre-acquisition costs			$	(1,866)					$	(2,311)					$	(3,235)					$	(6,643)
Amortization of intangible assets			(4,968)						(5,045)						(9,961)						(9,602)
Interest income			473						1,326						1,105						5,133
Interest expense			(138)						(3,000)						(272)						(3,796)
Equity in earnings of unconsolidated entities			4,190						334						5,017						902
Miscellaneous, net			1,685						3,410						4,087						6,196
Total other expense, net			$	(624)					$	(5,286)					$	(3,259)					$	(7,810)

Schedule of Earnings Per Share

The following table presents the earnings per common share (000's omitted, except per share data):

			Three Months Ended												Six Months Ended
			June 30,												June 30,
			2021						2020						2021						2020
Numerator:
Net income			$	503,399					$	348,620					$	807,506					$	552,331
Less: earnings distributed to participating securities			(294)						(265)						(592)						(538)
Less: undistributed earnings allocated to participating securities			(3,731)						(2,602)						(5,908)						(4,358)
Numerator for basic earnings per share			$	499,374					$	345,753					$	801,006					$	547,435
Add back: undistributed earnings allocated to participating securities			3,731						2,602						5,908						4,358
Less: undistributed earnings reallocated to participating securities			(3,722)						(2,595)						(5,895)						(4,342)
Numerator for diluted earnings per share			$	499,383					$	345,760					$	801,019					$	547,451
Denominator:
Basic shares outstanding			262,099						268,324						263,744						269,167
Effect of dilutive securities			648						701						627						960
Diluted shares outstanding			262,747						269,025						264,371						270,127
Earnings per share:
Basic			$	1.91					$	1.29					$	3.04					$	2.03
Diluted			$	1.90					$	1.29					$	3.03					$	2.03

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The fair values of derivative instruments and their locations in the Condensed Consolidated Balance Sheets are summarized below ($000’s omitted): 

			June 30, 2021												December 31, 2020
			Other Assets						Accrued and Other Liabilities						Other Assets						Accrued and Other Liabilities
Interest rate lock commitments			$	14,927					$	134					$	16,179					$	18
Forward contracts			371						1,392						501						5,937
Whole loan commitments			709						710						168						666
			$	16,007					$	2,236					$	16,848					$	6,621

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Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

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Tabular disclosure of the effect of income (loss) on an entity's diluted earnings per share.

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