XML 26 R15.htm IDEA: XBRL DOCUMENT v3.23.3
EARNINGS PER COMMON SHARE
 3 Months Ended
Sep. 30, 2023
Earnings Per Share [Abstract]  
EARNINGS PER COMMON SHARE EARNINGS PER COMMON SHARE
The following table presents the calculation of basic and diluted earnings per common share (“EPS”):
Three Months Ended
September 30,
(Dollars in thousands, except per share data)20232022
Earnings Per Common Share
Net income$82,645 $58,407 
Average common shares issued and outstanding58,949,038 59,854,584 
Earnings per common share$1.40 $0.98 
Diluted Earnings Per Common Share
Net income$82,645 $58,407 
Average common shares issued and outstanding58,949,038 59,854,584 
Dilutive effect of average unvested RSUs859,284 631,810 
Average dilutive common shares outstanding
59,808,322 60,486,394 
Diluted earnings per common share$1.38 $0.97 
For further information regarding the Company’s EPS calculation see Note 17— “Earnings per Common Share” in the 2023 Form 10-K. For the three months ended September 30, 2023 and 2022, the number of weighted average antidilutive common stock equivalents that were not included in the computation of diluted EPS, because they would have been antidilutive, was 5,348 and 251,841 respectively.