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Earnings per share (Tables) | 9 Months Ended
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Sep. 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 | Nine Months Ended
| September 30, | September 30,
| 2023 | 2022 | 2023 | 2022
| (In thousands, except per share amounts)
Weighted average common shares outstanding - basic | 203,638 |  | 203,351 |  | 203,633 |  | 203,351 |
Effect of dilutive performance share awards and restricted stock units | 248 |  | 293 |  | 258 |  | 56 |
Weighted average common shares outstanding - diluted | 203,886 |  | 203,644 |  | 203,891 |  | 203,407 |
Earnings per share - basic: |  |  |  |
Income from continuing operations | $ | .38 |  | $ | .21 |  | $ | 1.52 |  | $ | .72 |
Discontinued operations, net of tax | (.01) |  | .52 |  | (.32) |  | .51 |
Earnings per share - basic | $ | .37 |  | $ | .73 |  | $ | 1.20 |  | $ | 1.23 |
Earnings per share - diluted: |  |  |  |
Income from continuing operations | $ | .38 |  | $ | .21 |  | $ | 1.52 |  | $ | .72 |
Discontinued operations, net of tax | (.01) |  | .52 |  | (.32) |  | .51 |
Earnings per share - diluted | $ | .37 |  | $ | .73 |  | $ | 1.20 |  | $ | 1.23 |
Shares excluded from the calculation of diluted earnings per share | — |  | — |  | — |  | 77 |
Dividends declared per common share | $ | .1250 |  | $ | .2175 |  | $ | .5700 |  | $ | .6525 |

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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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