Earnings per Share (Tables)

3 Months Ended

Mar. 31, 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 March 31,
	2024		2023
Weighted average common shares issued	123,603,380		120,266,238
Average treasury stock shares	(21,425,781)		(20,498,898)
Average deferred compensation shares	(56,966)		(55,821)
Average unearned non-vested shares	(139,385)		(150,688)
Weighted average common shares and common stock equivalents used to calculate basic earnings per share	101,981,248		99,560,831
Additional common stock equivalents (non-vested stock) used to calculate diluted earnings per share	160,353		163,133
Additional common stock equivalents (deferred compensation) used to calculate diluted earnings per share	57,298		55,852
Weighted average common shares and common stock equivalents used to calculate diluted earnings per share	102,198,899		99,779,816
Per Share Data:
Basic Earnings per Share	$	0.37	$	0.30
Diluted Earnings per Share	$	0.37	$	0.30

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 three months ended March 31, because to do so would have been antidilutive.

	2024					2023
		Price Range					Price Range
	Shares	From		To		Shares	From		To
Restricted Stock	79,467	$	13.24	$	16.43	139,476	$	12.77	$	16.43
Restricted Stock Units	29,042	$	15.29	$	15.29	17,667	$	17.53	$	17.53