XML 57 R47.htm IDEA: XBRL DOCUMENT v3.23.3
Earnings Per Share - Schedule of Earnings Per Share, Basic and Diluted (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Sep. 30, 2023
Sep. 30, 2022
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]                
Net income $ 107,305 $ 93,493 $ 80,700 $ 144,400 $ 189,542 $ 148,421 $ 281,498 $ 482,363
Less: distributed earnings allocated to participating securities (248)     (180)     (651) (535)
Less: undistributed earnings allocated to participating securities (378)     (522)     (895) (1,784)
Net income attributable to common stockholders (numerator for basic earnings per share) 106,679     143,698     279,952 480,044
Add back: undistributed earnings allocated to participating securities 378     522     895 1,784
Less: undistributed earnings reallocated to participating securities (372)     (513)     (878) (1,745)
Numerator for diluted earnings per share under two-class method $ 106,685     $ 143,707     $ 279,969 $ 480,083
Weighted-average common shares outstanding (in shares) 74,198,016     70,880,405     73,265,878 70,829,761
Denominator for diluted earnings per share under two-class method 76,253,178     72,729,453     75,106,356 72,892,635
Basic Earnings Per Common Share (in dollars per share) $ 1.44     $ 2.03     $ 3.82 $ 6.78
Diluted Earnings Per Common Share (in dollars per share) $ 1.40     $ 1.98     $ 3.73 $ 6.59
Share-Based Payment Arrangement, Option                
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]                
Weighted-average common shares outstanding, dilutive effect of stock options and contingently issuable equity awards (in shares) 1,249,797     1,189,243     1,426,970 1,573,814
Performance Shares                
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]                
Weighted-average common shares outstanding, dilutive effect of stock options and contingently issuable equity awards (in shares) 805,365     659,805     413,508 489,060