| Schedule of computation of basic and diluted earnings per share |
The following table presents the computation of basic and diluted earnings per share: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | | | (in thousands except share and per share data) | 2024 | | 2023 | | 2024 | | 2023 | | | | Numerator: | | | | | | | | | | | Net income | $ | 41,662 | | | $ | 68,651 | | | $ | 67,804 | | | $ | 107,312 | | | | | Preferred stock dividends | 4,312 | | | 4,312 | | | 8,625 | | | 8,625 | | | | | Net income available to common stockholders | $ | 37,350 | | | $ | 64,339 | | | $ | 59,179 | | | $ | 98,687 | | | | | Denominator: | | | | | | | | | | | Basic earnings per common share—weighted average common shares | 46,546,243 | | | 47,906,624 | | | 46,925,761 | | | 48,166,977 | | | | | Effect of dilutive outstanding stock-settled awards | 326,255 | | | 514,652 | | | 371,569 | | | 569,405 | | | | | Dilutive earnings per common share—weighted average diluted common shares | 46,872,498 | | | 48,421,276 | | | 47,297,330 | | | 48,736,382 | | | | | Basic earnings per common share | $ | 0.80 | | | $ | 1.34 | | | $ | 1.26 | | | $ | 2.05 | | | | | Diluted earnings per common share | $ | 0.80 | | | $ | 1.33 | | | $ | 1.25 | | | $ | 2.02 | | | | | Anti-dilutive outstanding stock-settled awards | 38,461 | | | 533,363 | | | 105,680 | | 341,728 | | |
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