Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

Schedule of Earnings Per Share Basic and Diluted

The following table sets forth the computation of basic and diluted net income per common share under the two-class method for the three months ended March 31, 2023 and March 31, 2022:

	Three Months Ended March 31,
	2023		2022
Basic Earnings Per Share
Net Income	$	97,578,261	$	87,528,626
Less: Dividends and undistributed earnings allocated to participating securities	1,456,913		1,360,047
Net Income available to common shareholders	$	96,121,348	$	86,168,579
Basic weighted average shares outstanding	230,605,626		232,151,296
Net Income per share - Basic	$	0.42	$	0.37
Diluted Earnings Per Share
Allocation of Net Income used in basic computation	$	96,121,348	$	86,168,579
Reallocation of undistributed earnings	1,276		2,500
Net Income available to common shareholders - Diluted	$	96,122,624	$	86,171,079
Number of shares used in basic computation	230,605,626		232,151,296
Additional weighted average dilutive common stock equivalents	290,220		638,515
Diluted weighted average shares outstanding	230,895,846		232,789,811
Net Income per share - Diluted	$	0.42	$	0.37
Shares related to stock plans not included in diluted average common shares outstanding because their effect would be anti-dilutive	1,810,685		1,572,223