v3.25.2
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2025
Earnings Per Share  
Schedule of computation of basic and diluted earnings per common share

Three Months Ended

Six Months Ended

 

June 30,

June 30,

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

    

2025

    

2024

    

2025

    

2024

 

 

Basic earnings per common share:

    

    

    

    

Net income

$

215,224

$

132,370

$

304,304

$

247,426

Weighted-average basic common shares

101,495

76,251

101,453

76,276

Basic earnings per common share

$

2.12

$

1.74

$

3.00

$

3.24

Diluted earnings per common share:

Net income

$

215,224

$

132,370

$

304,304

$

247,426

Weighted-average basic common shares

101,495

76,251

101,453

76,276

Effect of dilutive securities

350

356

383

354

Weighted-average dilutive shares

101,845

76,607

101,836

76,630

Diluted earnings per common share

$

2.11

$

1.73

$

2.99

$

3.23

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

Three Months Ended June 30,

Six Months Ended June 30,

    

2025

    

2024

    

2025

    

2024

 

Number of shares

9,085

57,169

57,169

Range of exercise prices

$

91.05

to

$

91.35

$

87.30

to

$

91.35

$

87.30

to

$

91.35