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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2024
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)

    

2024

    

2023

    

2024

    

2023

 

Basic earnings per common share:

    

    

    

    

Net income

$

143,179

$

124,144

$

390,605

$

387,517

Weighted-average basic common shares

76,299

76,139

76,284

76,034

Basic earnings per common share

$

1.88

$

1.63

$

5.12

$

5.10

Diluted earnings per common share:

Net income

$

143,179

$

124,144

$

390,605

$

387,517

Weighted-average basic common shares

76,299

76,139

76,284

76,034

Effect of dilutive securities

506

432

407

412

Weighted-average dilutive shares

76,805

76,571

76,691

76,446

Diluted earnings per common share

$

1.86

$

1.62

$

5.09

$

5.07

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

Three Months Ended September 30,

Nine Months Ended September 30,

    

2024

    

2023

    

2024

    

2023

 

Number of shares

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