Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2017

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)	2017		2016		2017		2016
Net income/(loss)	$	95,204	$	60,940	$	153,592	$	113,153
Net income attributable to noncontrolling interest	2,852		2,852		5,672		5,703
Net income/(loss) attributable to controlling interest	92,352		58,088		147,920		107,450
Preferred stock dividends	1,550		1,550		3,100		3,100
Net income/(loss) available to common shareholders	$	90,802	$	56,538	$	144,820	$	104,350

Weighted average common shares outstanding—basic	233,482		231,573		233,280		233,112
Effect of dilutive securities	2,781		2,003		2,945		2,009
Weighted average common shares outstanding—diluted	236,263		233,576		236,225		235,121

Net income/(loss) per share available to common shareholders	$	0.39	$	0.24	$	0.62	$	0.45
Diluted income/(loss) per share available to common shareholders	$	0.38	$	0.24	$	0.61	$	0.44

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)	2017		2016		2017		2016
Stock options excluded from the calculation of diluted EPS	2,721		3,842		2,512		3,804
Weighted average exercise price of stock options excluded from the calculation of diluted EPS	$	25.24	$	22.68	$	25.85	$	23.06
Other equity awards excluded from the calculation of diluted EPS	482		959		247		867