v3.22.2.2
Earnings per Share
9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
The table below presents a reconciliation between basic and diluted weighted average shares outstanding, net income, and basic and diluted income per share for the three and nine months ended September 30, 2022 and 2021:
Three Months EndedNine Months Ended
September 30,September 30,
(In thousands, except per share amounts)2022202120222021
NUMERATOR
Net income$131,590 $91,012 $360,267 $283,485 
DENOMINATOR
Basic weighted average shares outstanding27,618 29,250 28,025 29,179 
Effect of dilutive securities:
Stock option awards248 447 274 474 
Deferred compensation awards319 331 311 313 
Diluted weighted average shares outstanding28,185 30,028 28,610 29,966 
Earnings per common share:
Basic$4.76 $3.11 $12.86 $9.72 
Diluted$4.67 $3.03 $12.59 $9.46 
Anti-dilutive equity awards not included in the calculation of diluted earnings per common share
908 16 826