XML 28 R16.htm IDEA: XBRL DOCUMENT v3.21.2

Basis of Presentation (Tables)

9 Months Ended

Sep. 30, 2021

Accounting Policies [Abstract]

Schedule of Other Expense (Income), Net

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

			Three Months Ended												Nine Months Ended
			September 30,												September 30,
			2021						2020						2021						2020
Write-offs of deposits and pre-acquisition costs			$	(3,567)					$	(1,692)					$	(6,801)					$	(8,335)
Amortization of intangible assets			(3,612)						(5,041)						(13,571)						(14,643)
Interest income			436						891						1,541						6,024
Interest expense			(115)						(225)						(387)						(4,022)
Equity in earnings of unconsolidated entities			604						336						5,620						1,238
Miscellaneous, net			1,504						1,248						5,587						7,446
Total other expense, net			$	(4,750)					$	(4,483)					$	(8,011)					$	(12,292)

Schedule of Earnings Per Share

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

			Three Months Ended												Nine Months Ended
			September 30,												September 30,
			2021						2020						2021						2020
Numerator:
Net income			$	475,549					$	416,398					$	1,283,055					$	968,728
Less: earnings distributed to participating securities			(296)						(264)						(887)						(799)
Less: undistributed earnings allocated to participating securities			(3,546)						(3,123)						(9,559)						(7,778)
Numerator for basic earnings per share			$	471,707					$	413,011					$	1,272,609					$	960,151
Add back: undistributed earnings allocated to participating securities			3,546						3,123						9,559						7,778
Less: undistributed earnings reallocated to participating securities			(3,536)						(3,116)						(9,535)						(7,754)
Numerator for diluted earnings per share			$	471,717					$	413,018					$	1,272,633					$	960,175
Denominator:
Basic shares outstanding			258,147						268,363						261,854						268,892
Effect of dilutive securities			752						598						668						839
Diluted shares outstanding			258,899						268,961						262,522						269,731
Earnings per share:
Basic			$	1.83					$	1.54					$	4.86					$	3.57
Diluted			$	1.82					$	1.54					$	4.85					$	3.56

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): 

			September 30, 2021												December 31, 2020
			Other Assets						Accrued and Other Liabilities						Other Assets						Accrued and Other Liabilities
Interest rate lock commitments			$	11,857					$	187					$	16,179					$	18
Forward contracts			5,133						569						501						5,937
Whole loan commitments			1,490						313						168						666
			$	18,480					$	1,069					$	16,848					$	6,621

X

- References

No definition available.

+ Details

Name:	us-gaap_AccountingPoliciesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4B
-URI http://asc.fasb.org/extlink&oid=125515794&loc=SL5624163-113959

+ Details

Name:	us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

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

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=125511455&loc=d3e1278-109256

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 55
-Paragraph 52
-URI http://asc.fasb.org/extlink&oid=125512782&loc=d3e4984-109258

+ Details

Name:	us-gaap_ScheduleOfEarningsPerShareDilutedByCommonClassTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of non-operating income or non-operating expense that may include amounts earned from dividends, interest on securities, gains (losses) on securities sold, equity earnings of unconsolidated affiliates, net gain (loss) on sales of business, interest expense and other miscellaneous income or expense items.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfOtherNonoperatingIncomeExpenseTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration