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Earnings per Share (Tables)
6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Schedule of Earnings per Share

Earnings per share is computed as follows:

 

 

For the Three Months Ended June 30,

 

 

 

2023

 

 

2022

 

 

 

Net
Income

 

 

Shares

 

 

Per
Share
Amount

 

 

Net
Income

 

 

Shares

 

 

Per
Share
Amount

 

 

 

(In thousands, except per share amounts)

 

Basic earnings per share

 

$

87,055

 

 

 

63,932

 

 

$

1.36

 

 

$

116,610

 

 

 

71,686

 

 

$

1.63

 

Effect of dilutive incentive-based awards

 

 

 

 

 

420

 

 

 

 

 

 

 

 

 

482

 

 

 

 

Diluted earnings per share

 

$

87,055

 

 

 

64,352

 

 

$

1.35

 

 

$

116,610

 

 

 

72,168

 

 

$

1.62

 

 

 

 

For the Six Months Ended June 30,

 

 

 

2023

 

 

2022

 

 

 

Net
Income

 

 

Shares

 

 

Per
Share
Amount

 

 

Net
Income

 

 

Shares

 

 

Per
Share
Amount

 

 

 

(In thousands, except per share amounts)

 

Basic earnings per share

 

$

70,588

 

 

 

63,955

 

 

$

1.10

 

 

$

107,623

 

 

 

73,623

 

 

$

1.46

 

Effect of dilutive incentive-based awards

 

 

 

 

 

524

 

 

 

 

 

 

 

 

 

826

 

 

 

 

Diluted earnings per share

 

$

70,588

 

 

 

64,479

 

 

$

1.09

 

 

$

107,623

 

 

 

74,449

 

 

$

1.45