Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v3.23.3
EARNINGS PER SHARE (Tables)
 9 Months Ended
Sep. 30, 2023
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share
The following table presents the calculations of basic and diluted EPS:
Three Months Ended September Nine Months Ended September
(In thousands, except per share amounts) 2023 2022 2023 2022
Net income $ 59,531  $ 51,083  $ 162,223  $ 193,888 
Basic weighted average shares outstanding 56,151  55,428  55,962  55,830 
Dilutive effect of stock-based awards 805  1,122  952  1,230 
Diluted weighted average shares outstanding 56,956  56,550  56,914  57,060 
Earnings per share:
Basic earnings per common share $ 1.06  $ 0.92  $ 2.90  $ 3.47 
Diluted earnings per common share $ 1.05  $ 0.90  $ 2.85  $ 3.40