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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Computation Of Basic And Diluted Earnings Per Share
The following table summarizes the Company’s computation of basic and diluted earnings per share (EPS) for the three and nine months ended September 30, 2018 and 2017 (amounts in thousands except per share information):
 
Three Months Ended September 30, 2018
 
Nine Months Ended September 30, 2018
 
Income
(numerator)
 
Shares
(denominator)
 
Per Share
Amount
 
Income
(numerator)
 
Shares
(denominator)
 
Per Share
Amount
Basic EPS:
 
 
 
 
 
 
 
 
 
 
 
Net income
$
91,833

 
 
 
 
 
$
212,952

 
 
 
 
Less: preferred dividend requirements
(6,036
)
 
 
 
 
 
(18,108
)
 
 
 
 
Net income available to common shareholders
$
85,797

 
74,345

 
$
1.15

 
$
194,844

 
74,274

 
$
2.62

Diluted EPS:
 
 
 
 
 
 
 
 
 
 
 
Net income available to common shareholders
$
85,797

 
74,345

 
 
 
$
194,844

 
74,274

 
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
Share options

 
59

 
 
 

 
42

 
 
Net income available to common shareholders
$
85,797

 
74,404

 
$
1.15

 
$
194,844

 
74,316

 
$
2.62


 
Three Months Ended September 30, 2017
 
Nine Months Ended September 30, 2017
 
Income
(numerator)
 
Shares
(denominator)
 
Per Share
Amount
 
Income
(numerator)
 
Shares
(denominator)
 
Per Share
Amount
Basic EPS:
 
 
 
 
 
 
 
 
 
 
 
Net income
$
62,954

 
 
 
 
 
$
197,405

 
 
 
 
Less: preferred dividend requirements
(5,951
)
 
 
 
 
 
(17,855
)
 
 
 
 
Net income available to common shareholders
$
57,003

 
73,663

 
$
0.77

 
$
179,550

 
70,320

 
$
2.55

Diluted EPS:
 
 
 
 
 
 
 
 
 
 
 
Net income available to common shareholders
$
57,003

 
73,663

 
 
 
$
179,550

 
70,320

 
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
Share options

 
61

 
 
 

 
65

 
 
Net income available to common shareholders
$
57,003

 
73,724

 
$
0.77

 
$
179,550

 
70,385

 
$
2.55