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Earnings Per Share (Tables) | 9 Months Ended
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Sep. 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 nine months ended September 30, 2024 and September 30, 2023:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Basic Earnings Per Share |  |  |  |  |  |  |
Net Income | $ | 122,549,041 |  |  | $ | 104,725,412 |  |  | $ | 316,820,194 |  |  | $ | 311,459,076 |
Less: Dividends and undistributed earnings allocated to participating securities | 1,604,095 |  |  | 1,537,105 |  |  | 4,418,133 |  |  | 4,636,523 |
Net Income available to common shareholders | $ | 120,944,946 |  |  | $ | 103,188,307 |  |  | $ | 312,402,061 |  |  | $ | 306,822,553 |
Basic weighted average shares outstanding | 226,002,347 |  |  | 230,047,014 |  |  | 226,646,541 |  |  | 229,866,008 |
Net Income per share - Basic | $ | 0.54 |  |  | $ | 0.45 |  |  | $ | 1.38 |  |  | $ | 1.33 |
Diluted Earnings Per Share |  |  |  |  |  |  |
Allocation of Net Income used in basic computation | $ | 120,944,946 |  |  | $ | 103,188,307 |  |  | $ | 312,402,061 |  |  | $ | 306,822,553 |
Reallocation of undistributed earnings | 1,288 |  |  | 1,978 |  |  | 5,183 |  |  | 4,577 |
Net Income available to common shareholders - Diluted | $ | 120,946,234 |  |  | $ | 103,190,285 |  |  | $ | 312,407,244 |  |  | $ | 306,827,130 |
Number of shares used in basic computation | 226,002,347 |  |  | 230,047,014 |  |  | 226,646,541 |  |  | 229,866,008 |
Additional weighted average dilutive common stock equivalents | 239,337 |  |  | 410,397 |  |  | 363,391 |  |  | 315,666 |
Diluted weighted average shares outstanding | 226,241,684 |  |  | 230,457,411 |  |  | 227,009,932 |  |  | 230,181,674 |
Net Income per share - Diluted | $ | 0.53 |  |  | $ | 0.45 |  |  | $ | 1.38 |  |  | $ | 1.33 |
Shares related to stock plans not included in diluted average common shares outstanding because their effect would be anti-dilutive | 1,619,446 |  |  | 1,384,066 |  |  | 625,410 |  |  | 1,410,341 |

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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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