Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2020

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 months ended March 31, 2020 and 2019 (amounts in thousands except per share information):

	Three Months Ended March 31, 2020
	Income (numerator)			Shares (denominator)	Per Share Amount
Basic EPS:
Net income	$	37,118
Less: preferred dividend requirements	(6,034		)
Net income available to common shareholders	$	31,084		78,467	$	0.40
Diluted EPS:
Net income available to common shareholders	$	31,084		78,467
Effect of dilutive securities:
Share options	—			9
Net income available to common shareholders	$	31,084		78,476	$	0.40

	Three Months Ended March 31, 2019
	Income (numerator)			Shares (denominator)	Per Share Amount
Basic EPS:
Income from continuing operations	$	48,464
Less: preferred dividend requirements	(6,034		)
Income from continuing operations available to common shareholders	$	42,430		74,679	$	0.57
Income from discontinued operations available to common shareholders	$	16,885		74,679	$	0.22
Net income available to common shareholders	$	59,315		74,679	$	0.79
Diluted EPS:
Income from continuing operations available to common shareholders	$	42,430		74,679
Effect of dilutive securities:
Share options	—			46
Income from continuing operations available to common shareholders	$	42,430		74,725	$	0.57
Income from discontinued operations available to common shareholders	$	16,885		74,725	$	0.22
Net income available to common shareholders	$	59,315		74,725	$	0.79