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Earnings per Share (EPS) (Tables) | 6 Months Ended
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Jun. 30, 2024
Earnings Per Share [Abstract] |
Schedule of Reconciliation of Net Income and Weighted Average Common Shares Outstanding used in Computations of Basic and Diluted Earnings per Common Share | The following table reconciles the net income and the weighted average common shares outstanding used in the computations of basic and diluted earnings per common share:
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
(In thousands, except per share amounts) |  | 2024 |  | 2023 |  | 2024 |  | 2023
Net income |  | $ | 203,609 |  |  | $ | 172,233 |  |  | $ | 385,328 |  |  | $ | 343,060 |
Basic weighted average shares outstanding |  | 105,657 |  |  | 106,249 |  |  | 105,677 |  |  | 106,594 |
Dilutive effect of nonvested shares |  | 1,121 |  |  | 844 |  |  | 1,097 |  |  | 744 |
Diluted weighted average shares outstanding |  | 106,778 |  |  | 107,093 |  |  | 106,774 |  |  | 107,338 |
Basic earnings per share |  | $ | 1.93 |  |  | $ | 1.62 |  |  | $ | 3.65 |  |  | $ | 3.22 |
Diluted earnings per share |  | $ | 1.91 |  |  | $ | 1.61 |  |  | $ | 3.61 |  |  | $ | 3.20 |
Schedule of Disclosure of Share-based Compensation Arrangements by Share-based Payment Award | The following table summarizes the performance-based shares issuable if the reporting date was the end of the contingency period.
|  | 2024 Performance-Based Grants |  | 2023 Performance-Based Grants |  | 2022 Performance-Based Grants |  | 2021 Performance-Based Grants
Reporting Date |  | Percent Issuable Relative to Target |  | As a Percent of Shares Issued |  | Percent Issuable Relative to Target |  | As a Percent of Shares Issued |  | Percent Issuable Relative to Target |  | As a Percent of Shares Issued |  | Percent Issuable Relative to Target |  | As a Percent of Shares Issued
June 30, 2024 |  | 190% |  | 95% |  | 200% |  | 100% |  | 200% |  | 100% |  | (1) |  | (1)
June 30, 2023 |  |  |  |  |  | 200% |  | 100% |  | 200% |  | 100% |  | 139% |  | 69.5%
(1) The 2021 performance based awards vested at 133% relative to target on March 1, 2024.

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- Definition Tabular disclosure of share-based payment arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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- 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 -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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