Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2018

Schedule of Reconciliation Of Earnings/(Loss) Per Common And Diluted Share

The following table provides reconciliations of net income to net income available to common shareholders and the difference between average basic common shares outstanding and average diluted common shares outstanding:



	Three Months Ended June 30				Six Months Ended June 30
(Dollars and shares in thousands, except per share data)	2018		2017		2018		2017
Net income/(loss)	$	85,992	$	95,204	$	180,986	$	153,592
Net income attributable to noncontrolling interest	2,852		2,852		5,672		5,672
Net income/(loss) attributable to controlling interest	83,140		92,352		175,314		147,920
Preferred stock dividends	1,550		1,550		3,100		3,100
Net income/(loss) available to common shareholders	$	81,590	$	90,802	$	172,214	$	144,820

Weighted average common shares outstanding—basic	325,153		233,482		325,817		233,280
Effect of dilutive securities	3,273		2,781		3,536		2,945
Weighted average common shares outstanding—diluted	328,426		236,263		329,353		236,225

Net income/(loss) per share available to common shareholders	$	0.25	$	0.39	$	0.53	$	0.62
Diluted income/(loss) per share available to common shareholders	$	0.25	$	0.38	$	0.52	$	0.61

Schedule of Anti-Dilutive Options and Awards

The following table presents outstanding options and other equity awards that were excluded from the calculation of diluted earnings per share because they were either anti-dilutive (the exercise price was higher than the weighted-average market price for the period) or the performance conditions have not been met:



	Three Months Ended June 30				Six Months Ended June 30
(Shares in thousands)	2018		2017		2018		2017
Stock options excluded from the calculation of diluted EPS	2,446		2,721		2,428		2,512
Weighted average exercise price of stock options excluded from the calculation of diluted EPS	$	24.38	$	25.24	$	24.60	$	25.85
Other equity awards excluded from the calculation of diluted EPS	565		482		404		247