XML 61 R45.htm IDEA: XBRL DOCUMENT v3.20.4
Earnings Per Share Reconciliation (Tables)
12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Schedule of Earnings Per Common Share Reconciliation
The table below shows earnings per common share and diluted earnings per common share, and reconciles the numerator and denominator of both earnings per common share calculations.
 
    
Year Ended December 31,
 
    
2020
    
2019
    
2018
 
    
(In thousands, except per share amounts)
 
Earnings per common share:
                          
Net earnings
   $ 177,159      $ 207,827      $ 152,003  
Less: Net earnings allocated to restricted stock
     572        488        429  
    
 
 
    
 
 
    
 
 
 
Net earnings allocated to common shareholders
   $ 176,587      $ 207,339      $ 151,574  
    
 
 
    
 
 
    
 
 
 
       
Weighted average shares outstanding
     136,031        139,757        121,670  
       
Basic earnings per common share
   $ 1.30      $ 1.48      $ 1.25  
    
 
 
    
 
 
    
 
 
 
       
Diluted earnings per common share:
                          
Net income allocated to common shareholders
   $   176,587      $   207,339      $   151,574  
    
 
 
    
 
 
    
 
 
 
       
Weighted average shares outstanding
     136,031        139,757        121,670  
Incremental shares from assumed exercise of
 
outstanding options
     175        177        287  
    
 
 
    
 
 
    
 
 
 
Diluted weighted average shares outstanding
     136,206        139,934        121,957  
 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted earnings per common share
   $ 1.30      $ 1.48      $ 1.24