Earnings per Share Earnings per Share (Tables)

9 Months Ended

Sep. 30, 2023

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

The table below presents a reconciliation between basic and diluted weighted average shares outstanding, net income, and basic and diluted income per common share for the three and nine months ended September 30, 2023 and 2022:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(In thousands, except per common share amounts)	2023		2022		2023		2022
NUMERATOR
Net income	$	139,016	$	131,590	$	360,083	$	360,267
DENOMINATOR
Basic weighted average shares outstanding	27,909		27,618		27,769		28,025
Effect of dilutive securities:
Stock option awards	638		248		552		274
Deferred compensation awards	290		319		310		311
Diluted weighted average shares outstanding	28,837		28,185		28,631		28,610
Earnings per common share:
Basic	$	4.98	$	4.76	$	12.97	$	12.86
Diluted	$	4.82	$	4.67	$	12.58	$	12.59
Anti-dilutive equity awards not included in the calculation of diluted earnings per common share	—		908		—		826