Earnings per share Our earnings per share (basic and diluted) are presented below (in thousands, except per share amounts): | | | | | | | | | | | | | | | | | | | | | | | | | Quarter ended Sept. 30, | | Nine months ended Sept. 30, | | 2022 | | 2021 | | 2022 | | 2021 | | | | | | | | | Net Income | $ | 146,157 | | | $ | 128,699 | | | $ | 412,384 | | | $ | 348,385 | | Net income attributable to the noncontrolling interest | (92) | | | (419) | | | (516) | | | (861) | | Adjustment of redeemable noncontrolling interest to redemption value | (235) | | | 116 | | | (447) | | | (32) | | Earnings available to common shareholders | $ | 145,830 | | | $ | 128,396 | | | $ | 411,421 | | | $ | 347,492 | | | | | | | | | | Weighted average number of common shares outstanding - basic | 223,968 | | | 221,805 | | | 223,456 | | | 221,314 | | Effect of dilutive securities: | | | | | | | | Restricted stock units | 621 | | | 749 | | | 469 | | | 626 | | Performance shares | 332 | | | 245 | | | 296 | | | 231 | | Stock options | — | | | — | | | — | | | 1 | | Weighted average number of common shares outstanding - diluted | 224,921 | | | 222,799 | | | 224,221 | | | 222,172 | | | | | | | | | | Earnings per share - basic | $ | 0.65 | | | $ | 0.58 | | | $ | 1.84 | | | $ | 1.57 | | Earnings per share - diluted | $ | 0.65 | | | $ | 0.58 | | | $ | 1.83 | | | $ | 1.56 | |
Our calculation of diluted earnings per share includes the dilutive effects for the assumed vesting of outstanding restricted stock units and performance shares.
|