XML 37 R26.htm IDEA: XBRL DOCUMENT
v3.23.1

Earnings per Share (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2023
Earnings Per Share [Abstract] |
Calculation of earnings (loss) per share | Table 6.1 reconciles the numerators and denominators used to calculate basic and diluted EPS.
Earnings per share |  |  |  |
Table | 6.1 |  |  |  |  |  |  |  |
|  |  | Three Months Ended March 31, |  |
(In thousands, except per share data) |  | 2023 |  | 2022 |  |  |  |
Basic earnings per share: |  |  |  |  |  |  |  |
Net income |  | $ | 154,547 |  |  | $ | 175,013 |  |  |  |  |
Weighted average common shares outstanding - basic |  | 290,989 |  |  | 315,975 |  |  |  |  |
Basic earnings per share |  | $ | 0.53 |  |  | $ | 0.55 |  |  |  |  |
Diluted earnings per share: |  |  |  |  |  |  |  |
Net income |  | $ | 154,547 |  |  | $ | 175,013 |  |  |  |  |
Interest expense, net of tax (1): |  |  |  |  |  |  |  |
9% Debentures |  | 375 |  |  | 1,512 |  |  |  |  |
Diluted income available to common shareholders |  | $ | 154,922 |  |  | $ | 176,525 |  |  |  |  |
Weighted average common shares outstanding - basic |  | 290,989 |  |  | 315,975 |  |  |  |  |
Effect of dilutive securities: |  |  |  |  |  |  |  |
Unvested RSUs |  | 2,079 |  |  | 2,029 |  |  |  |  |
9% Debentures |  | 1,644 |  |  | 6,534 |  |  |  |  |
Weighted average common shares outstanding - diluted |  | 294,712 |  |  | 324,538 |  |  |  |  |
Diluted earnings per share |  | $ | 0.53 |  |  | $ | 0.54 |  |  |  |  |
(1) Interest expense for the three months ended March 31, 2023 and 2022, respectively, has been tax effected at a rate of 21%.

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 Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration