XML 39 R27.htm IDEA: XBRL DOCUMENT v3.24.3
Earnings per Share (Tables)
 9 Months Ended
Sep. 30, 2024
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 September 30,Nine Months Ended September 30,
(In thousands, except per share data)2024202320242023
Basic earnings per share:
Net income$199,969 $182,844 $578,294 $528,445 
Weighted average common shares outstanding - basic258,596 281,757 264,719 286,184 
Basic earnings per share$0.77 $0.65 $2.18 $1.85 
Diluted earnings per share:
Net income$199,969 $182,844 $578,294 $528,445 
Interest expense, net of tax: (1)
9% Debentures— 276 — 1,025 
Diluted income available to common shareholders$199,969 $183,120 $578,294 $529,470 
Weighted average common shares outstanding - basic258,596 281,757 264,719 286,184 
Effect of dilutive securities:
Unvested RSUs2,237 2,624 2,196 2,239 
9% Debentures— 1,219 — 1,501 
Weighted average common shares outstanding - diluted260,833 285,600 266,915 289,924 
Diluted earnings per share$0.77 $0.64 $2.17 $1.83 
(1) Interest expense has been tax effected at a rate of 21%.