Earnings per share (Tables)

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Weighted average common shares outstanding

A reconciliation of the weighted average common shares outstanding used in the basic and diluted earnings per share calculations follows:

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2023		2022		2023		2022
	(In thousands, except per share amounts)
Weighted average common shares outstanding - basic	203,635		203,351		203,630		203,351
Effect of dilutive performance share awards and restricted stock units	242		50		264		45
Weighted average common shares outstanding - diluted	203,877		203,401		203,894		203,396
Earnings per share - basic:
Income from continuing operations	.72		.18		1.14		.51
Discontinued operations, net of tax	(.08)		.17		(.31)		(.01)
Earnings per share - basic	.64		.35		.83		.50
Earnings per share - diluted:
Income from continuing operations	0.72		.18		1.14		.51
Discontinued operations, net of tax	(.08)		.17		(.31)		(.01)
Earnings per share - diluted	.64		.35		.83		.50
Shares excluded from the calculation of diluted earnings per share	—		52		—		175
Dividends declared per common share	$	.2225	$	.2175	$	.4450	$	.4350