Earnings per Share (Tables)

9 Months Ended

Sep. 30, 2020

Earnings per Share

Schedule of computations of basic and diluted earnings per share

	Three Months Ended September 30,				Nine Months Ended September 30,
(dollars in thousands, except shares and per share amounts)	2020		2019		2020		2019
Numerator:
Net income	$	65,101	$	74,199	$	124,015	$	216,556
Denominator:
Basic: weighted-average shares outstanding		129,896,054		132,583,902		129,882,878		133,957,192
Add: weighted-average equity-based awards		189,480		293,867		246,812		274,570
Diluted: weighted-average shares outstanding		130,085,534		132,877,769		130,129,690		134,231,762
Basic earnings per share	$	0.50	$	0.56	$	0.95	$	1.62
Diluted earnings per share	$	0.50	$	0.56	$	0.95	$	1.61