XML 59 R43.htm IDEA: XBRL DOCUMENT v3.22.0.1
Earnings Per Share Reconciliation (Tables)
 12 Months Ended
Dec. 31, 2021
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,

 

 

 

2021

 

 

2020

 

 

2019

 

 

 

(In thousands, except per share amounts)

 

Earnings per common share:

 

 

 

 

 

 

 

 

 

Net earnings

 

$

212,521

 

 

$

177,159

 

 

$

207,827

 

Less: Net earnings allocated to restricted stock

 

 

970

 

 

 

572

 

 

 

488

 

Net earnings allocated to common shareholders

 

$

211,551

 

 

$

176,587

 

 

$

207,339

 

Weighted average shares outstanding

 

 

135,165

 

 

 

136,031

 

 

 

139,757

 

Basic earnings per common share

 

$

1.57

 

 

$

1.30

 

 

$

1.48

 

Diluted earnings per common share:

 

 

 

 

 

 

 

 

 

Net income allocated to common shareholders

 

$

211,551

 

 

$

176,587

 

 

$

207,339

 

Weighted average shares outstanding

 

 

135,165

 

 

 

136,031

 

 

 

139,757

 

Incremental shares from assumed exercise of outstanding options

 

 

217

 

 

 

175

 

 

 

177

 

Diluted weighted average shares outstanding

 

 

135,382

 

 

 

136,206

 

 

 

139,934

 

Diluted earnings per common share

 

$

1.56

 

 

$

1.30

 

 

$

1.48