XML 32 R21.htm IDEA: XBRL DOCUMENT
v3.24.2

EARNINGS PER SHARE | 6 Months Ended
--- | ---
Jun. 30, 2024
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | EARNINGS PER SHARE The following are computations of basic and diluted earnings per share (in thousands, except per share amounts):
| Three Months Ended |  | Six Months Ended
| June 30, |  | June 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Numerator for basic and diluted earnings per share: |  |  |  |  |  |  |
Net income | $ | 133,280 |  |  | $ | 115,766 |  |  | $ | 203,112 |  |  | $ | 188,167 |
Denominator: |  |  |  |  |  |  |
Weighted-average basic shares outstanding | 53,932 |  |  | 54,092 |  |  | 53,931 |  |  | 54,084 |
Dilutive effect of outstanding stock awards | 316 |  |  | 356 |  |  | 300 |  |  | 338 |
Dilutive shares outstanding | 54,248 |  |  | 54,448 |  |  | 54,231 |  |  | 54,422 |
Basic earnings per share: | $ | 2.47 |  |  | $ | 2.14 |  |  | $ | 3.77 |  |  | $ | 3.48 |
Diluted earnings per share: | $ | 2.46 |  |  | $ | 2.13 |  |  | $ | 3.75 |  |  | $ | 3.46 |
The Company included all outstanding performance awards and restricted stock awards in the calculation of diluted earnings per share except as shown in the table below (in thousands):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Antidilutive restricted stock awards | 15 |  |  | — |  |  | 26 |  |  | 20 |
Performance stock awards for which performance criteria was not attained at reporting date | 161 |  |  | 106 |  |  | 161 |  |  | 106 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration