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EQUITY (Tables)
6 Months Ended
Jun. 30, 2024
Equity [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted

The following table presents the computation of basic and diluted net earnings per common share.

 

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

(In thousands except for shares and per share data)

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Average common shares outstanding – basic

 

 

91,807,764

 

 

 

87,366,335

 

 

 

91,763,619

 

 

 

86,604,202

 

Net effect of dilutive equity awards

 

 

186,298

 

 

 

189,676

 

 

 

212,663

 

 

 

220,948

 

Average common shares outstanding – diluted

 

 

91,994,062

 

 

 

87,556,011

 

 

 

91,976,282

 

 

 

86,825,150

 

Net income available to common shareholders

 

$

24,672

 

 

$

23,625

 

 

$

48,716

 

 

$

46,749

 

Basic net earnings per share

 

$

0.27

 

 

$

0.27

 

 

$

0.53

 

 

$

0.54

 

Diluted net earnings per share

 

$

0.27

 

 

$

0.27

 

 

$

0.53

 

 

$

0.54