Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2019

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, 2019 and 2018 (amounts in thousands except per share information):

	Three Months Ended September 30, 2019						Nine Months Ended September 30, 2019
	Income (numerator)			Shares (denominator)	Per Share Amount		Income (numerator)			Shares (denominator)	Per Share Amount
Basic EPS:
Net income	$	34,003					$	165,946
Less: preferred dividend requirements	(6,034		)				(18,102		)
Net income available to common shareholders	$	27,969		77,632	$	0.36	$	147,844		76,169	$	1.94
Diluted EPS:
Net income available to common shareholders	$	27,969		77,632			$	147,844		76,169
Effect of dilutive securities:
Share options	—			32			—			38
Net income available to common shareholders	$	27,969		77,664	$	0.36	$	147,844		76,207	$	1.94

	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