XML 51 R37.htm IDEA: XBRL DOCUMENT v3.24.0.1
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2023
Accounting Policies [Abstract]  
Reconciliation of Numerator and Denominator of Basic Earnings Per Share with that of Diluted Earnings Per Share
The reconciliation of the numerator and denominator of basic earnings per share with that of diluted earnings per share is presented as follows:
 
   
Year Ended December 31
 
(Dollars in thousands, except per share)
 
2023
   
2022
   
2021
 
Distributed earnings allocated to common stock
    $ 195,167       $ 194,052       $ 181,614  
Undistributed earnings allocated to common stock
    170,267       184,572       185,082  
 
 
 
   
 
 
   
 
 
 
Net earnings allocated to common shareholders
    $ 365,434       $ 378,624       $ 366,696  
 
 
 
   
 
 
   
 
 
 
Average common shares outstanding
    134,505,058       134,776,241       129,276,452  
Dilutive effect of stock compensation
    248,762       341,271       236,401  
 
 
 
   
 
 
   
 
 
 
Average diluted shares outstanding
    134,753,820       135,117,512       129,512,853  
 
 
 
   
 
 
   
 
 
 
Earnings per basic common share
    $ 2.72       $ 2.81       $ 2.84  
Earnings per diluted common share
    $ 2.71       $ 2.80       $ 2.83