XML 29 R19.htm IDEA: XBRL DOCUMENT v3.23.2
Earnings Per Common Share
6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Earnings Per Common Share Earnings Per Common Share 
 
The following is a computation of basic and diluted earnings per common share for the periods indicated: 
Three Months EndedSix Months Ended
 (in thousands, except per share data)June 30, 2023June 30, 2022June 30, 2023June 30, 2022
Net income $133,377 $78,591 $119,339 $169,748 
    
Weighted average number of common shares outstanding - basic (1)
207,977 129,306 182,325 129,233 
Effect of potentially dilutive common shares (1), (2)
568 367 535 452 
Weighted average number of common shares outstanding - diluted (1)
208,545 129,673 182,860 129,685 
Earnings per common share:    
Basic (1)
$0.64 $0.61 $0.65 $1.31 
Diluted (1)
$0.64 $0.61 $0.65 $1.31 
(1) Prior period has been restated as a result of the adjustment to common shares outstanding based on the Exchange Ratio.
(2) Represents the effect of the assumed vesting of non-participating restricted shares based on the treasury stock method. 

The following table represents the weighted average outstanding restricted shares that were not included in the computation of diluted earnings per share because their effect would be anti-dilutive for the periods indicated:
Three Months EndedSix Months Ended
(in thousands)June 30, 2023June 30, 2022June 30, 2023June 30, 2022
Restricted stock awards and units1,001756