Earnings per share (Tables)

3 Months Ended

Mar. 31, 2024

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
	March 31,
	2024		2023
	(In thousands, except per share amounts)
Weighted average common shares outstanding - basic	203,779		203,624
Effect of dilutive performance share awards and restricted stock units	408		286
Weighted average common shares outstanding - diluted	204,187		203,910
Earnings per share - basic:
Income from continuing operations	$	.50	$	.41
Discontinued operations, net of tax	—		(.22)
Earnings per share - basic	$	.50	$	.19
Earnings per share - diluted:
Income from continuing operations	$	.49	$	.41
Discontinued operations, net of tax	—		(.22)
Earnings per share - diluted	$	.49	$	.19
Shares excluded from the calculation of diluted earnings per share	—		—
Dividends declared per common share	0.1250		$	.2225