Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2021

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The table below displays the calculation of basic and diluted earnings per common share ("EPS").

Basic and Diluted EPS

(Amounts in thousands, except per share data)

	Quarters Ended   June 30,				Six Months Ended   June 30,
	2021		2020		2021		2020
Net income	$	51,121	$	19,064	$	96,144	$	38,670
Preferred dividends	(4,034)		(1,037)		(8,068)		(1,037)
Net income applicable to unvested restricted shares	(521)		(187)		(1,007)		(379)
Net income applicable to common shares	$	46,566	$	17,840	$	87,069	$	37,254
Weighted-average common shares outstanding:
Weighted-average common shares outstanding (basic)	112,865		113,145		112,980		111,533
Dilutive effect of common stock equivalents	775		191		757		339
Weighted-average diluted common shares outstanding	113,640		113,336		113,737		111,872
Basic EPS	$	0.41	$	0.16	$	0.77	$	0.33
Diluted EPS	$	0.41	$	0.16	$	0.77	$	0.33