Earnings Per Common Share (Tables)

12 Months Ended

Dec. 31, 2023

Earnings Per Share [Abstract]

Computation Of Basic And Diluted Earnings (Loss) Per Common Share

The following is a computation of basic and diluted earnings per common share for the years ended December 31, 2023, 2022, and 2021:

(in thousands, except per share data)	2023		2022		2021
Net income	$	348,715	$	336,752	$	420,300
Weighted average number of common shares outstanding - basic (1)	195,304		129,277		130,499
Effect of potentially dilutive common shares (1) (2)	567		455		531
Weighted average number of common shares outstanding - diluted (1)	195,871		129,732		131,030
Earnings per common share (1):
Basic	$	1.79	$	2.60	$	3.22
Diluted	$	1.78	$	2.60	$	3.21

(1) Periods prior to February 28, 2023 have been restated as a result of the adjustment to common shares outstanding based on the exchange ratio from the Merger of 0.5958.

(2) Represents the effect of the assumed vesting of non-participating restricted shares based on the treasury stock method. 

The following table represents the weighted average outstanding restricted shares that were not included in the computation of diluted earnings per share because their effect would be anti-dilutive for the periods indicated:

(in thousands)	2023	2022	2021
Restricted stock awards and units	727	—	—