XML 34 R27.htm IDEA: XBRL DOCUMENT v3.25.3
Earnings Per Share Reconciliation (Tables)
9 Months Ended
Sep. 30, 2025
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.

 

 

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

 

 

(In thousands, except per share amounts)

 

Earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings

 

$

52,586

 

 

$

51,224

 

 

$

154,254

 

 

$

149,858

 

Less: Net earnings allocated to restricted stock

 

 

344

 

 

 

377

 

 

 

1,020

 

 

 

1,075

 

Net earnings allocated to common shareholders

 

$

52,242

 

 

$

50,847

 

 

$

153,234

 

 

$

148,783

 

Weighted average shares outstanding

 

 

136,831

 

 

 

138,650

 

 

 

137,266

 

 

 

138,415

 

Basic earnings per common share

 

$

0.38

 

 

$

0.37

 

 

$

1.12

 

 

$

1.07

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

Net income allocated to common shareholders

 

$

52,242

 

 

$

50,847

 

 

$

153,234

 

 

$

148,783

 

Weighted average shares outstanding

 

 

136,831

 

 

 

138,650

 

 

 

137,266

 

 

 

138,415

 

Incremental shares from assumed exercise of
   outstanding options

 

 

322

 

 

 

189

 

 

 

277

 

 

 

134

 

Diluted weighted average shares outstanding

 

 

137,153

 

 

 

138,839

 

 

 

137,543

 

 

 

138,549

 

Diluted earnings per common share

 

$

0.38

 

 

$

0.37

 

 

$

1.11

 

 

$

1.07