Quarterly report [Sections 13 or 15(d)]

EARNINGS PER SHARE (Tables)

v3.26.1
EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2026
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):
 
Three Months Ended June 30, Six Months Ended June 30,
2026 2025 2026 2025
Basic weighted average number of shares outstanding 65,787  71,456  66,573  71,684 
Effect of dilutive securities:
Unvested restricted stock 344  444  361  562 
Diluted average shares outstanding 66,131  71,900  66,934  72,246 
Net earnings $ 90,630  $ 146,879  $ 145,939  $ 269,685 
Basic earnings per share $ 1.38  $ 2.06  $ 2.19  $ 3.76 
Diluted earnings per share $ 1.37  $ 2.04  $ 2.18  $ 3.73