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Earnings per share (Tables) | 6 Months Ended
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Jun. 30, 2023
Earnings Per Share [Abstract] |
Weighted average common shares outstanding | A reconciliation of the weighted average common shares outstanding used in the basic and diluted earnings per share calculations follows:
| Three Months Ended | Six Months Ended
| June 30, | June 30,
| 2023 | 2022 | 2023 | 2022
| (In thousands, except per share amounts)
Weighted average common shares outstanding - basic | 203,635 |  | 203,351 |  | 203,630 |  | 203,351 |
Effect of dilutive performance share awards and restricted stock units | 242 |  | 50 |  | 264 |  | 45 |
Weighted average common shares outstanding - diluted | 203,877 |  | 203,401 |  | 203,894 |  | 203,396 |
Earnings per share - basic: |  |  |  |
Income from continuing operations | .72 |  | .18 |  | 1.14 |  | .51 |
Discontinued operations, net of tax | (.08) |  | .17 |  | (.31) |  | (.01) |
Earnings per share - basic | .64 |  | .35 |  | .83 |  | .50 |
Earnings per share - diluted: |  |  |  |
Income from continuing operations | 0.72 |  | .18 |  | 1.14 |  | .51 |
Discontinued operations, net of tax | (.08) |  | .17 |  | (.31) |  | (.01) |
Earnings per share - diluted | .64 |  | .35 |  | .83 |  | .50 |
Shares excluded from the calculation of diluted earnings per share | — |  | 52 |  | — |  | 175 |
Dividends declared per common share | $ | .2225 |  | $ | .2175 |  | $ | .4450 |  | $ | .4350 |

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- Definition Tabular disclosure of the weighted average number of shares used in calculating basic net earnings per share (or unit) and diluted earnings per share (or unit). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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