Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2022

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, 2022 and 2021 (amounts in thousands except per share information):

	Three Months Ended March 31, 2022
	Income (numerator)		Shares (denominator)	Per Share Amount
Basic EPS:
Net income	$	42,192
Less: preferred dividend requirements	(6,033)
Net income available to common shareholders	$	36,159	74,843	$	0.48
Diluted EPS:
Net income available to common shareholders	$	36,159	74,843
Effect of dilutive securities:
Share options and performance shares	—		204
Net income available to common shareholders	$	36,159	75,047	$	0.48

	Three Months Ended March 31, 2021
	Income (numerator)		Shares (denominator)	Per Share Amount
Basic EPS:
Net income	$	3,380
Less: preferred dividend requirements	(6,034)
Net loss available to common shareholders	$	(2,654)	74,627	$	(0.04)
Diluted EPS:
Net loss available to common shareholders	$	(2,654)	74,627
Effect of dilutive securities:
Share options and performance shares	—		—
Net loss available to common shareholders	$	(2,654)	74,627	$	(0.04)