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Earnings per Share (Tables)
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Composition of Weighted-Average Common Shares (Denominator) Used in Basic and Diluted Earnings Per Share
The following table summarizes the composition of the weighted-average common shares (denominator) used in the basic and diluted earnings per share computations:
For the Three Months Ended June 30,For the Six Months Ended June 30,
2024202320242023
Weighted average common shares issued123,603,380 123,603,380 123,603,380 121,944,027 
Average treasury stock shares(21,304,610)(20,824,677)(21,365,195)(20,659,899)
Average deferred compensation shares(57,308)(55,859)(57,137)(55,840)
Average unearned non-vested shares(194,238)(192,792)(166,812)(171,856)
Weighted average common shares and common stock equivalents used to calculate basic earnings per share
102,047,224 102,530,052 102,014,236 101,056,432 
Additional common stock equivalents (non-vested stock) used to calculate diluted earnings per share182,749 173,818 166,628 169,071 
Additional common stock equivalents (deferred compensation) used to calculate diluted earnings per share
57,625 56,396 57,625 56,396 
Weighted average common shares and common stock equivalents used to calculate diluted earnings per share
102,287,598 102,760,266 102,238,489 101,281,899 
Per Share Data:
Basic Earnings per Share$0.36 $0.42 $0.73 $0.72 
Diluted Earnings per Share$0.36 $0.42 $0.73 $0.72 
Common Stock Equivalents Not Included in Computation of Diluted Earnings Per Share
The following table shows the number of shares and the price per share related to common stock equivalents that were not included in the computation of diluted earnings per share for the six months ended June 30, because to do so would have been antidilutive.
20242023
Price RangePrice Range
SharesFromToSharesFromTo
Restricted Stock143,589 $12.39 $16.43 139,684 $12.77 $16.43 
Restricted Stock Units106,488 $15.05 $17.09 28,769 $17.53 $17.53