v3.26.3
Earnings per Share (EPS) (Tables)
 9 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Net Income and Weighted Average Common Shares Outstanding used in Computations of Basic and Diluted Earnings per Common Share
The following table reconciles the net income and the weighted average common shares outstanding used in the computations of basic and diluted earnings per common share:
 
Three Months Ended 
September 30,		Nine Months Ended 
September 30,
(In thousands, except per share amounts)2026202520262025
Net income$163,376 $164,215 $524,889 $534,987 
Basic weighted average shares outstanding88,964 97,400 91,156 100,086 
Dilutive effect of nonvested shares810 1,119 738 1,069 
Diluted weighted average shares outstanding89,774 98,519 91,894 101,155 
Basic earnings per share$1.84 $1.69 $5.76 $5.35 
Diluted earnings per share$1.82 $1.67 $5.71 $5.29 
Schedule of Disclosure of Share-based Compensation Arrangements by Share-based Payment Award
Nonvested performance-based share awards are considered contingently issuable for purposes of the EPS calculation. The 2026, 2025 and 2024 performance-based share awards vest based upon our compounded annual book value per share growth percentage and relative total shareholder return during a three-year performance period. The following table summarizes the performance-based shares issuable if the reporting date was the end of the contingency period:

2026 Performance-Based Grants
2025 Performance-Based Grants
2024 Performance-Based Grants2023 Performance-Based Grants
Reporting DatePercent Issuable Relative to TargetAs a Percent of Shares IssuedPercent Issuable Relative to TargetAs a Percent of Shares IssuedPercent Issuable Relative to TargetAs a Percent of Shares IssuedPercent Issuable Relative to TargetAs a Percent of Shares Issued
September 30, 2026133%66.5%187%93.5%116%58%(1)(1)
September 30, 2025200%100%134%67%197%98.5%
(1) The 2023 performance based awards vested at 193% relative to target on March 1, 2026.