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Earnings per Share (Tables)
6 Months Ended
Jun. 30, 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 June 30,

 

 

Six Months Ended June 30,

 

(in thousands)

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Basic weighted-average shares outstanding

 

 

80,145

 

 

 

69,580

 

 

 

80,087

 

 

 

69,502

 

Incremental shares due to:

 

 

 

 

 

 

 

 

 

 

 

 

Performance shares

 

 

226

 

 

 

152

 

 

 

177

 

 

 

154

 

Restricted stock units

 

 

45

 

 

 

59

 

 

 

33

 

 

 

75

 

Diluted weighted-average shares outstanding

 

 

80,416

 

 

 

69,791

 

 

 

80,297

 

 

 

69,731