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Income Per Common Share (Tables)
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted

The following table illustrates the computation of basic and diluted earnings per share:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

 

 

Amount

 

 

Per Share Amount

 

 

Amount

 

 

Per Share Amount

 

 

Amount

 

 

Per Share Amount

 

 

Amount

 

 

Per Share Amount

 

 

 

(Amounts in thousands, except per share data)

 

Net income

 

$

111,602

 

 

 

 

 

$

86,938

 

 

 

 

 

$

222,028

 

 

 

 

 

$

211,632

 

 

 

 

Basic:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 

95,765

 

 

$

1.17

 

 

 

92,930

 

 

$

0.94

 

 

 

94,735

 

 

$

2.34

 

 

 

92,073

 

 

$

2.30

 

Diluted:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 

95,765

 

 

$

1.17

 

 

 

92,930

 

 

$

0.94

 

 

 

94,735

 

 

$

2.34

 

 

 

92,073

 

 

$

2.30