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Earnings per Share (Tables)
9 Months Ended
Sep. 30, 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 September 30,

 

 

Nine Months Ended September 30,

 

(in thousands)

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Basic weighted-average shares outstanding

 

 

77,635

 

 

 

79,173

 

 

 

78,306

 

 

 

79,494

 

Incremental shares due to:

 

 

 

 

 

 

 

 

 

 

 

 

Performance shares

 

 

154

 

 

 

30

 

 

 

88

 

 

 

19

 

Restricted stock units

 

 

100

 

 

 

74

 

 

 

83

 

 

 

50

 

Diluted weighted-average shares outstanding

 

 

77,889

 

 

 

79,277

 

 

 

78,477

 

 

 

79,563