XML 39 R25.htm IDEA: XBRL DOCUMENT
v3.23.3

Earnings Per Share ("EPS") | 9 Months Ended
--- | ---
Sep. 30, 2023
Earnings Per Share [Abstract] |
Earnings Per Share ("EPS") | EARNINGS PER SHARE (“EPS”) Basic EPS is computed by dividing reported net income available to common stockholders by the weighted average number of common shares outstanding during each period. Diluted EPS is computed by dividing reported net income available to common stockholders by the weighted average common shares and all potential dilutive common shares outstanding during the period. The computation of earnings per share is as follows:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(In thousands, except per share data) | 2023 |  | 2022 |  | 2023 |  | 2022
Net income available to common stockholders | $ | 47,247 |  |  | $ | 80,603 |  |  | $ | 151,150 |  |  | $ | 173,152 |
Average common shares outstanding | 125,914 |  |  | 127,884 |  |  | 126,730 |  |  | 122,935 |
Average potential dilutive common shares | 370 |  |  | 452 |  |  | 370 |  |  | 452 |
Average diluted common shares | 126,284 |  |  | 128,336 |  |  | 127,100 |  |  | 123,387 |
Basic earnings per share | $ | 0.38 |  |  | $ | 0.63 |  |  | $ | 1.19 |  |  | $ | 1.41 |
Diluted earnings per share | $ | 0.37 |  |  | $ | 0.63 |  |  | $ | 1.19 |  |  | $ | 1.40 |
There were 469,280 stock options excluded from the three and nine months ended September 30, 2023 earnings per share calculations due to the related stock option exercise price exceeding the average market price of the Company’s stock during the periods. There were 99,837 stock options excluded from the earnings per share calculation for the three months ended September 30, 2022 due to the related stock option exercise price exceeding the average market price of the Company’s stock during the period. There were no stock options excluded from the earnings per share calculation for the nine months ended September 30, 2022 due to the average market price of the Company’s stock exceeding the related stock option exercise price during the period.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration