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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2024
Earnings Per Share [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:
 
    
Three Months Ended
    
Six Months Ended
 
    
June 30
    
June 30
 
    
2024
    
2023
    
2024
    
2023
 
Distributed earnings allocated to common stock
   $ 49,904      $ 48,454      $ 100,278      $ 96,904  
Undistributed earnings allocated to common stock
     46,386        43,782        82,627        93,393  
  
 
 
    
 
 
    
 
 
    
 
 
 
Net earnings allocated to common shareholders
   $ 96,290      $ 92,236      $ 182,905      $ 190,297  
  
 
 
    
 
 
    
 
 
    
 
 
 
Average common shares outstanding
     135,137,901        134,683,010        134,881,314        134,472,074  
Equivalents from stock options
     176,884        166,808        221,974        276,794  
  
 
 
    
 
 
    
 
 
    
 
 
 
Average diluted shares outstanding
     135,314,785        134,849,818        135,103,288        134,748,868  
  
 
 
    
 
 
    
 
 
    
 
 
 
Earnings per basic common share
   $ 0.71      $ 0.68      $ 1.36      $ 1.42  
Earnings per diluted common share
   $ 0.71      $ 0.68      $ 1.35      $ 1.41