| Schedule of computation of basic and diluted earnings per share |
The following table presents the computation of basic and diluted earnings per share: | | | | | | | | | | | | | | | | | | | | | | | | | | | | Year ended December 31, | | | | | | | | (in thousands except share and per share data) | | | | | 2023 | | 2022 | | 2021 | | Numerator: | | | | | | | | | | | Net income | | | | | $ | 189,141 | | | $ | 332,478 | | | $ | 253,939 | | | Preferred stock dividends | | | | | 17,250 | | | 17,250 | | | 18,721 | | | Net income available to common stockholders | | | | | $ | 171,891 | | | $ | 315,228 | | | $ | 235,218 | | | Denominator: | | | | | | | | | | | Basic earnings per common share—weighted average common shares | | | | | 48,054,935 | | | 50,457,746 | | | 50,580,660 | | | Effect of dilutive outstanding stock-settled awards | | | | | 555,271 | | | 588,996 | | | 560,314 | | | Dilutive earnings per common share—weighted average diluted common shares | | | | | 48,610,206 | | | 51,046,742 | | | 51,140,974 | | | Basic earnings per common share | | | | | $ | 3.58 | | | $ | 6.25 | | | $ | 4.65 | | | Diluted earnings per common share | | | | | $ | 3.54 | | | $ | 6.18 | | | $ | 4.60 | | | Anti-dilutive outstanding stock-settled awards | | | | | 97,368 | | 311,226 | | 93,945 |
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