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Basis of Presentation (Tables)

9 Months Ended

Sep. 30, 2022

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,
			2022						2021						2022						2021
Write-offs of deposits and pre-acquisition costs			$	(24,462)					$	(3,567)					$	(32,475)					$	(6,801)
Amortization of intangible assets			(2,766)						(3,612)						(8,353)						(13,571)
Interest income			370						436						1,048						1,541
Interest expense			(65)						(115)						(216)						(387)
Equity in earnings of unconsolidated entities			446						604						2,390						5,620
Miscellaneous, net			1,283						1,504						6,776						5,587
Total other expense, net			$	(25,194)					$	(4,750)					$	(30,830)					$	(8,011)

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,
			2022						2021						2022						2021
Numerator:
Net income			$	627,928					$	475,549					$	1,735,086					$	1,283,055
Less: earnings distributed to participating securities			(202)						(296)						(635)						(887)
Less: undistributed earnings allocated to participating securities			(3,534)						(3,546)						(10,288)						(9,559)
Numerator for basic earnings per share			$	624,192					$	471,707					$	1,724,163					$	1,272,609
Add back: undistributed earnings allocated to participating securities			3,534						3,546						10,288						9,559
Less: undistributed earnings reallocated to participating securities			(3,508)						(3,536)						(10,218)						(9,535)
Numerator for diluted earnings per share			$	624,218					$	471,717					$	1,724,233					$	1,272,633
Denominator:
Basic shares outstanding			230,967						258,147						237,639						261,854
Effect of dilutive securities			1,333						752						1,240						668
Diluted shares outstanding			232,300						258,899						238,879						262,522
Earnings per share:
Basic			$	2.70					$	1.83					$	7.26					$	4.86
Diluted			$	2.69					$	1.82					$	7.22					$	4.85

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, 2022												December 31, 2021
			Other Assets						Accrued and Other Liabilities						Other Assets						Accrued and Other Liabilities
Interest rate lock commitments			$	3,183					$	23,457					$	8,582					$	33
Forward contracts			66,620						163						757						1,336
Whole loan commitments			1,300						35						384						4
			$	71,103					$	23,655					$	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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