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Earnings per share (Tables) | 3 Months Ended
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Mar. 31, 2024
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 |
| March 31, |
| 2024 | 2023 |  |
| (In thousands, except per share amounts)
Weighted average common shares outstanding - basic | 203,779 |  | 203,624 |  |  |
Effect of dilutive performance share awards and restricted stock units | 408 |  | 286 |  |  |
Weighted average common shares outstanding - diluted | 204,187 |  | 203,910 |  |  |
Earnings per share - basic: |  |  |  |
Income from continuing operations | $ | .50 |  | $ | .41 |  |  |
Discontinued operations, net of tax | — |  | (.22) |  |  |
Earnings per share - basic | $ | .50 |  | $ | .19 |  |  |
Earnings per share - diluted: |  |  |  |
Income from continuing operations | $ | .49 |  | $ | .41 |  |  |
Discontinued operations, net of tax | — |  | (.22) |  |  |
Earnings per share - diluted | $ | .49 |  | $ | .19 |  |  |
Shares excluded from the calculation of diluted earnings per share | — |  | — |  |  |
Dividends declared per common share | 0.1250 |  | $ | .2225 |  |  |

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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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