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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2023
Earnings Per Share  
Schedule of computation of basic and diluted earnings per common share

Three Months Ended

Nine Months Ended

September 30,

September 30,

(Dollars and shares in thousands, except for per share amounts)

    

2023

    

2022

    

2023

    

2022

 

Basic earnings per common share:

    

    

    

    

Net income

$

124,144

$

133,043

$

387,517

$

352,547

Weighted-average basic common shares

76,139

75,606

76,034

74,185

Basic earnings per common share

$

1.63

$

1.76

$

5.10

$

4.75

Diluted earnings per common share:

Net income

$

124,144

$

133,043

$

387,517

$

352,547

Weighted-average basic common shares

76,139

75,606

76,034

74,185

Effect of dilutive securities

432

576

412

606

Weighted-average dilutive shares

76,571

76,182

76,446

74,791

Diluted earnings per common share

$

1.62

$

1.75

$

5.07

$

4.71

Schedule of anti-dilutive securities excluded from computation of diluted earnings per common share

Three Months Ended September 30,

Nine Months Ended September 30,

    

2023

    

2022

    

2023

    

2022

 

Number of shares

57,169

57,169

    

57,169

57,169

    

Range of exercise prices

$

87.30

to

$

91.35

$

87.30

to

$

91.35

$

87.30

to

$

91.35

$

87.30

to

$

91.35