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

Earnings per share is computed as follows:

 

 

For the Three Months Ended September 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

 

$

123,555

 

 

 

63,954

 

 

$

1.93

 

 

$

134,557

 

 

 

67,176

 

 

$

2.00

 

Effect of dilutive incentive-based awards

 

 

 

 

 

365

 

 

 

 

 

 

 

 

 

393

 

 

 

 

Diluted earnings per share

 

$

123,555

 

 

 

64,319

 

 

$

1.92

 

 

$

134,557

 

 

 

67,569

 

 

$

1.99

 

 

 

 

For the Nine Months Ended September 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

 

$

194,143

 

 

 

63,955

 

 

$

3.04

 

 

$

242,180

 

 

 

71,450

 

 

$

3.39

 

Effect of dilutive incentive-based awards

 

 

 

 

 

470

 

 

 

 

 

 

 

 

 

680

 

 

 

 

Diluted earnings per share

 

$

194,143

 

 

 

64,425

 

 

$

3.01

 

 

$

242,180

 

 

 

72,130

 

 

$

3.36