Earnings per share ("EPS")

12 Months Ended

Dec. 31, 2025

Earnings per share ("EPS") [Abstract]

Earnings per share ("EPS")

Note 5 – Earnings per share (“EPS”)

The computation of basic earnings per share is based on the weighted average number of common shares outstanding during the period. The computation of diluted earnings per share assumes the exercise of all dilutive restricted shares using the treasury stock method.

The components of the calculation of basic EPS and diluted EPS are as follows:

(Dollars in thousands)	2025		2024		2023
Profit for the period used for calculation of EPS - basic	$	211,092	$	181,377	$	161,353
Profit for the period used for calculation of EPS - dilutive	$	211,092	$	181,377	$	161,353
Basic earnings per share:
Weighted average shares outstanding - basic		160,690,206		161,354,507		162,178,499
Diluted earnings per share:
Weighted average shares outstanding - basic		160,690,206		161,354,507		162,178,499
Dilutive equity awards		83,072		87,274		178,236
Weighted average shares outstanding - dilutive		160,773,279		161,441,782		162,356,735