Annual report [Section 13 and 15(d), not S-K Item 405]

EARNINGS PER SHARE (Tables)

v3.25.4
EARNINGS PER SHARE (Tables)
 12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings per Common Share
Basic and diluted earnings per common share were calculated as follows (in thousands, except per share amounts):
 
Years Ended December 31,
2025 2024 2023
Basic weighted average number of shares outstanding 70,819  72,476  73,238 
Effect of dilutive securities:
Unvested restricted stock 529  856  900 
Diluted average shares outstanding 71,348  73,332  74,138 
Net earnings $ 453,013  $ 786,186  $ 738,748 
Basic earnings per share $ 6.40  $ 10.85  $ 10.09 
Diluted earnings per share $ 6.35  $ 10.72  $ 9.96