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Earnings per share (Tables) | 6 Months Ended
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Jun. 30, 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 | Six Months Ended
| June 30, | June 30,
| 2024 | 2023 | 2024 | 2023
| (In thousands, except per share amounts)
Weighted average common shares outstanding - basic | 203,888 |  | 203,635 |  | 203,834 |  | 203,630 |
Effect of dilutive performance share awards and restricted stock units | 694 |  | 242 |  | 530 |  | 264 |
Weighted average common shares outstanding - diluted | 204,582 |  | 203,877 |  | 204,364 |  | 203,894 |
Earnings per share - basic: |  |  |  |
Income from continuing operations | $ | .30 |  | $ | .72 |  | $ | .79 |  | $ | 1.14 |
Discontinued operations, net of tax | — |  | (.08) |  | — |  | (.31) |
Earnings per share - basic | $ | .30 |  | $ | .64 |  | $ | .79 |  | $ | .83 |
Earnings per share - diluted: |  |  |  |
Income from continuing operations | $ | .30 |  | $ | .72 |  | $ | .79 |  | $ | 1.14 |
Discontinued operations, net of tax | — |  | (.08) |  | — |  | (.31) |
Earnings per share - diluted | $ | .30 |  | $ | .64 |  | $ | .79 |  | $ | .83 |
Shares excluded from the calculation of diluted earnings per share | — |  | — |  | — |  | — |
Dividends declared per common share | $ | .1250 |  | $ | .2225 |  | $ | .2500 |  | $ | .4450 |

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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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