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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share

Earnings per share is computed as follows:

 

 

For the Three Months Ended September 30,

 

 

 

2022

 

 

2021

 

 

 

Net

Income

 

 

Shares

 

 

Per

Share

Amount

 

 

Net

Income

 

 

Shares

 

 

Per

Share

Amount

 

 

 

(In thousands, except per share amounts)

 

Basic earnings per share

 

$

134,557

 

 

 

67,176

 

 

$

2.00

 

 

$

102,097

 

 

 

78,962

 

 

$

1.29

 

Effect of dilutive incentive-based awards

 

 

 

 

 

 

393

 

 

 

 

 

 

 

 

 

 

 

988

 

 

 

 

 

Diluted earnings per share

 

$

134,557

 

 

 

67,569

 

 

$

1.99

 

 

$

102,097

 

 

 

79,950

 

 

$

1.28

 

 

 

 

For the Nine Months Ended September 30,

 

 

 

2022

 

 

2021

 

 

 

Net

Income

 

 

Shares

 

 

Per

Share

Amount

 

 

Net

Income

 

 

Shares

 

 

Per

Share

Amount

 

 

 

(In thousands, except per share amounts)

 

Basic earnings per share

 

$

242,180

 

 

 

71,450

 

 

$

3.39

 

 

$

184,975

 

 

 

78,804

 

 

$

2.35

 

Effect of dilutive incentive-based awards

 

 

 

 

 

 

680

 

 

 

 

 

 

 

 

 

 

 

1,261

 

 

 

 

 

Diluted earnings per share

 

$

242,180

 

 

 

72,130

 

 

$

3.36

 

 

$

184,975

 

 

 

80,065

 

 

$

2.31