EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2026

Basic and diluted earnings per common share were calculated as follows (in thousands, except per share amounts):


	Three Months Ended March 31,
	2026		2025
Basic weighted average number of shares outstanding	67,367		71,915
Effect of dilutive securities:

Unvested restricted stock	439		735
Diluted average shares outstanding	67,806		72,650
Net earnings	$	55,309	$	122,806


Basic earnings per share	$	0.82	$	1.71
Diluted earnings per share	$	0.82	$	1.69