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Earnings per share (Tables) | 9 Months Ended
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Sep. 30, 2024
Earnings Per Share [Abstract] |
Schedule of 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,
| 2024 | 2023 | 2024 | 2023
| (In thousands, except per share amounts)
Weighted average common shares outstanding - basic | 203,888 |  | 203,638 |  | 203,852 |  | 203,633 |
Effect of dilutive performance share awards and restricted stock units | 790 |  | 248 |  | 599 |  | 258 |
Weighted average common shares outstanding - diluted | 204,678 |  | 203,886 |  | 204,451 |  | 203,891 |
Earnings per share - basic: |  |  |  |
Income from continuing operations | $ | .31 |  | $ | .38 |  | $ | 1.10 |  | $ | 1.52 |
Discontinued operations, net of tax | .01 |  | (.01) |  | .01 |  | (.32) |
Earnings per share - basic | $ | .32 |  | $ | .37 |  | $ | 1.11 |  | $ | 1.20 |
Earnings per share - diluted: |  |  |  |
Income from continuing operations | $ | .31 |  | $ | .38 |  | $ | 1.10 |  | $ | 1.52 |
Discontinued operations, net of tax | .01 |  | (.01) |  | .01 |  | (.32) |
Earnings per share - diluted | $ | .32 |  | $ | .37 |  | $ | 1.11 |  | $ | 1.20 |
Shares excluded from the calculation of diluted earnings per share | — |  | — |  | — |  | — |
Dividends declared per common share | $ | .1300 |  | $ | .1250 |  | $ | .3800 |  | $ | .5700 |

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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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