Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2020

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 March 31
(Dollars and shares in thousands, except per share data)	2020		2019
Net income/(loss)	$	16,472	$	103,405
Net income attributable to noncontrolling interest	2,852		2,820
Net income/(loss) attributable to controlling interest	13,620		100,585
Preferred stock dividends	1,550		1,550
Net income/(loss) available to common shareholders	$	12,070	$	99,035

Weighted average common shares outstanding—basic	311,597		317,435
Effect of dilutive securities	1,573		2,146
Weighted average common shares outstanding—diluted	313,170		319,581

Net income/(loss) per share available to common shareholders	$	0.04	$	0.31
Diluted income/(loss) per share available to common shareholders	$	0.04	$	0.31

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 March 31
(Shares in thousands)	2020		2019
Stock options excluded from the calculation of diluted EPS	3,031		2,613
Weighted average exercise price of stock options excluded from the calculation of diluted EPS	$	18.73	$	21.77
Other equity awards excluded from the calculation of diluted EPS	4,264		1,922