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Basis of Presentation (Tables) | 6 Months Ended
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Jun. 30, 2022
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,
2022 |  | 2021 |  | 2022 |  | 2021
Write-offs of deposits and pre-acquisition costs | $ | (4,503) |  |  | $ | (1,866) |  |  | $ | (8,013) |  |  | $ | (3,235) |
Amortization of intangible assets | (2,766) |  |  | (4,968) |  |  | (5,587) |  |  | (9,961) |
Interest income | 290 |  |  | 473 |  |  | 678 |  |  | 1,105 |
Interest expense | (65) |  |  | (138) |  |  | (150) |  |  | (272) |
Equity in earnings of unconsolidated entities | 723 |  |  | 4,190 |  |  | 1,944 |  |  | 5,017 |
Miscellaneous, net | 2,823 |  |  | 1,685 |  |  | 5,492 |  |  | 4,087 |
Total other expense, net | $ | (3,498) |  |  | $ | (624) |  |  | $ | (5,636) |  |  | $ | (3,259) |
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,
2022 |  | 2021 |  | 2022 |  | 2021
Numerator: |  |  |  |  |  |  |
Net income | $ | 652,435 |  |  | $ | 503,399 |  |  | $ | 1,107,158 |  |  | $ | 807,506 |
Less: earnings distributed to participating securities | (217) |  |  | (294) |  |  | (434) |  |  | (592) |
Less: undistributed earnings allocated to participating securities | (3,672) |  |  | (3,731) |  |  | (6,721) |  |  | (5,908) |
Numerator for basic earnings per share | $ | 648,546 |  |  | $ | 499,374 |  |  | $ | 1,100,003 |  |  | $ | 801,006 |
Add back: undistributed earnings allocated to participating securities | 3,672 |  |  | 3,731 |  |  | 6,721 |  |  | 5,908 |
Less: undistributed earnings reallocated to participating securities | (3,644) |  |  | (3,722) |  |  | (6,677) |  |  | (5,895) |
Numerator for diluted earnings per share | $ | 648,574 |  |  | $ | 499,383 |  |  | $ | 1,100,047 |  |  | $ | 801,019 |
Denominator: |  |  |  |  |  |  |
Basic shares outstanding | 236,328 |  |  | 262,099 |  |  | 241,036 |  |  | 263,744 |
Effect of dilutive securities | 1,318 |  |  | 648 |  |  | 1,193 |  |  | 627 |
Diluted shares outstanding | 237,646 |  |  | 262,747 |  |  | 242,229 |  |  | 264,371 |
Earnings per share: |  |  |  |  |  |  |
Basic | $ | 2.74 |  |  | $ | 1.91 |  |  | $ | 4.56 |  |  | $ | 3.04 |
Diluted | $ | 2.73 |  |  | $ | 1.90 |  |  | $ | 4.54 |  |  | $ | 3.03 |
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, 2022 |  | December 31, 2021
| Other Assets |  | Accrued and Other Liabilities |  | Other Assets |  | Accrued and Other Liabilities
Interest rate lock commitments | $ | 23,024 |  |  | $ | 3,185 |  |  | $ | 8,582 |  |  | $ | 33 |
Forward contracts | 10,418 |  |  | 3,651 |  |  | 757 |  |  | 1,336 |
Whole loan commitments | 997 |  |  | 548 |  |  | 384 |  |  | 4 |
| $ | 34,439 |  |  | $ | 7,384 |  |  | $ | 9,723 |  |  | $ | 1,373 |

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