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Earnings per Share (Tables)
6 Months Ended
Jun. 30, 2025
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)

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Basic weighted-average shares outstanding

 

 

78,280

 

 

 

79,627

 

 

 

78,643

 

 

 

79,656

 

Incremental shares due to:

 

 

 

 

 

 

 

 

 

 

 

 

Performance shares

 

 

43

 

 

 

49

 

 

 

39

 

 

 

42

 

Restricted stock units

 

 

118

 

 

 

65

 

 

 

99

 

 

 

58

 

Diluted weighted-average shares outstanding

 

 

78,441

 

 

 

79,741

 

 

 

78,781

 

 

 

79,756