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Earnings per Share (Tables)
3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Reconciliation of Number of Shares Used in Calculating Basic and Diluted Earnings per Share

The following table reconciles the number of shares used in calculating basic and diluted earnings per share:

 

 

 

Three Months Ended March 31,

 

(in thousands)

 

2025

 

 

2024

 

Basic weighted-average shares outstanding

 

 

79,000

 

 

 

79,677

 

Incremental shares due to:

 

 

 

 

 

 

Performance shares

 

 

73

 

 

 

 

Restricted stock units

 

 

100

 

 

 

 

Diluted weighted-average shares outstanding

 

 

79,173

 

 

 

79,677