XML 28 R17.htm IDEA: XBRL DOCUMENT v3.25.1
Earnings Per Common Share
3 Months Ended
Mar. 31, 2025
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 Ended
 (in thousands, except per share data)March 31, 2025March 31, 2024
Net income$86,609 $124,080 
  
Weighted average number of common shares outstanding - basic
208,800 208,260 
Effect of potentially dilutive common shares (1)
1,223 696 
Weighted average number of common shares outstanding - diluted
210,023 208,956 
Earnings per common share:  
Basic
$0.41 $0.60 
Diluted
$0.41 $0.59 
(1) 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 stock awards and units 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 Ended
 (in thousands)March 31, 2025March 31, 2024
Restricted stock awards and units158601