XML 38 R28.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Earnings Per Share (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2024
Earnings Per Share [Abstract] |
Schedule of Earnings Per Share Basic and Diluted | The following table sets forth the computation of basic and diluted net income per common share under the two-class method for the three and six months ended June 30, 2024 and June 30, 2023:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Basic Earnings Per Share |  |  |  |  |  |  |
Net Income | $ | 86,040,438 |  |  | $ | 109,155,403 |  |  | $ | 194,271,153 |  |  | $ | 206,733,664 |
Less: Dividends and undistributed earnings allocated to participating securities | 1,202,737 |  |  | 1,616,981 |  |  | 2,782,172 |  |  | 3,095,900 |
Net Income available to common shareholders | $ | 84,837,701 |  |  | $ | 107,538,422 |  |  | $ | 191,488,981 |  |  | $ | 203,637,764 |
Basic weighted average shares outstanding | 227,377,169 |  |  | 230,005,782 |  |  | 227,490,367 |  |  | 230,135,955 |
Net Income per share - Basic | $ | 0.37 |  |  | $ | 0.47 |  |  | $ | 0.84 |  |  | $ | 0.88 |
Diluted Earnings Per Share |  |  |  |  |  |  |
Allocation of Net Income used in basic computation | $ | 84,837,701 |  |  | $ | 107,538,422 |  |  | $ | 191,488,981 |  |  | $ | 203,637,764 |
Reallocation of undistributed earnings | 1,578 |  |  | 1,147 |  |  | 3,968 |  |  | 2,462 |
Net Income available to common shareholders - Diluted | $ | 84,839,279 |  |  | $ | 107,539,569 |  |  | $ | 191,492,949 |  |  | $ | 203,640,226 |
Number of shares used in basic computation | 227,377,169 |  |  | 230,005,782 |  |  | 227,490,367 |  |  | 230,135,955 |
Additional weighted average dilutive common stock equivalents | 431,760 |  |  | 222,568 |  |  | 454,753 |  |  | 255,153 |
Diluted weighted average shares outstanding | 227,808,929 |  |  | 230,228,350 |  |  | 227,945,120 |  |  | 230,391,108 |
Net Income per share - Diluted | $ | 0.37 |  |  | $ | 0.47 |  |  | $ | 0.84 |  |  | $ | 0.88 |
Shares related to stock plans not included in diluted average common shares outstanding because their effect would be anti-dilutive | 435,981 |  |  | 2,355,346 |  |  | 422,639 |  |  | 1,549,824 |

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 -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
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration