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Basis of Presentation (Tables)

6 Months Ended

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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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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