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EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2023
EARNINGS PER SHARE  
Schedule of reconciliation of weighted average shares outstanding

Three months ended

Six months ended

June 30

June 30

(in thousands)

    

2023

    

2022

    

2023

    

2022

Net income available for stockholders

$

65,013

$

46,939

$

136,537

$

62,018

Less: Adjustments for earnings attributable to participating securities

(1,056)

(695)

(2,193)

(886)

Net income used in calculating earnings per share

$

63,957

$

46,244

$

134,344

$

61,132

Weighted average shares outstanding (including participating securities)

 

216,398

 

216,565

 

216,762

 

216,403

Adjustment for participating securities

 

(3,584)

 

(3,206)

 

(3,544)

 

(3,090)

Shares used in calculating basic and diluted earnings per share

 

212,814

 

213,359

 

213,218

 

213,313