Earnings (Loss) Per Share (Tables)

3 Months Ended

Mar. 31, 2022

Earnings Per Share [Abstract]

Net income per share

The following table presents the computations of basic and diluted net earnings per share for the periods indicated:

	Three Months Ended
	March 31,
	2022		2021
	(Dollars in thousands, except per share data)
Basic Earnings Per Share:
Net earnings	$	120,128	$	150,406
Less: Earnings allocated to unvested restricted stock(1)	(2,037)		(2,355)
Net earnings allocated to common shares	$	118,091	$	148,051
Weighted-average basic shares and unvested restricted
stock outstanding	119,595		118,852
Less: Weighted-average unvested restricted stock
outstanding	(2,246)		(2,003)
Weighted-average basic shares outstanding	117,349		116,849
Basic earnings per share	$	1.01	$	1.27
Diluted Earnings Per Share:
Net earnings allocated to common shares	$	118,091	$	148,051
Weighted-average diluted shares outstanding	117,349		116,849
Diluted earnings per share	$	1.01	$	1.27

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(1)    Represents cash dividends paid to holders of unvested restricted stock, net of forfeitures, plus undistributed earnings amounts available to holders of unvested restricted stock, if any.