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Earnings per Share (Tables)
3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
Reconciliation of Number of Shares Used in Calculating Basic and Diluted Earnings per Share

The following table reconciles the number of shares used in calculating basic and diluted earnings per share:

 

 

 

Three Months Ended March 31,

 

(in thousands)

 

2023

 

 

2022

 

Basic weighted-average shares outstanding

 

 

80,027

 

 

 

69,419

 

Incremental shares due to:

 

 

 

 

 

 

Performance shares

 

 

97

 

 

 

140

 

Restricted stock units

 

 

43

 

 

 

64

 

Diluted weighted-average shares outstanding

 

 

80,167

 

 

 

69,623