v3.26.1
Earnings Per Share ("EPS")
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Earnings Per Share ("EPS") EARNINGS PER SHARE (“EPS”)
 
Basic EPS is computed by dividing reported net income available to common stockholders by the weighted average number of common shares outstanding during each period. Diluted EPS is computed by dividing reported net income available to common stockholders by the weighted average common shares and all potential dilutive common shares outstanding during the period.
 
The computation of earnings per share is as follows:

Three Months Ended
June 30,		Six Months Ended
June 30,
(In thousands, except per share data)2026202520262025
Net income available to common stockholders$66,691 $54,773 $135,235 $87,161 
Average common shares outstanding144,877 125,962 144,888 125,882 
Average potential dilutive common shares447 444 447 444 
Average diluted common shares145,324 126,406 145,335 126,326 
Basic earnings per share$0.46 $0.43 $0.93 $0.69 
Diluted earnings per share$0.46 $0.43 $0.93 $0.69 

There were no stock options excluded from the three and six months ended June 30, 2026 earnings per share calculation as there were no outstanding stock options as of June 30, 2026. There were 317,660 stock options excluded from the earnings per share calculation for the three and six months ended June 30, 2025 due to the related stock option exercise price exceeding the average market price of the Company’s stock during the periods.