XML 28 R18.htm IDEA: XBRL DOCUMENT v3.24.3
EARNINGS PER SHARE
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
 
Diluted earnings per share was computed based on the weighted-average number of shares outstanding plus all potentially dilutive common shares. A reconciliation of basic to diluted shares used in the earnings per share calculation is as follows:

 
Three Months EndedNine Months Ended
September 30,September 30,
(In thousands)2024202320242023
Basic weighted-average shares outstanding38,208 38,285 38,245 38,301 
Dilutive effect of deferred stock compensation243 273 206 237 
Diluted weighted-average shares outstanding38,451 38,558 38,451 38,538 

For the nine months ended September 30, 2024, approximately 33,000 shares issuable under equity-based awards were excluded from the calculation of diluted earnings per share as they were anti-dilutive based on the average stock price during the period. There were no anti-dilutive equity-based awards for the three months ended September 30, 2024. For the three and nine months ended September 30, 2023, there were approximately 5,000 and 16,000 anti-dilutive equity-based awards, respectively.