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

Three months ended

Nine months ended

September 30, 

September 30, 

(in thousands)

    

2023

    

2022

    

2023

    

2022

Net income available for stockholders

$

18,317

$

69,340

$

154,854

$

131,358

Less: Adjustments for earnings attributable to participating securities

(279)

(1,041)

(2,477)

(1,910)

Net income used in calculating earnings per share

$

18,038

$

68,299

$

152,377

$

129,448

Weighted average shares outstanding (including participating securities)

 

216,333

 

216,647

 

216,631

 

216,485

Adjustment for participating securities

 

(3,543)

 

(3,288)

 

(3,549)

 

(3,163)

Shares used in calculating basic and diluted earnings per share

 

212,790

 

213,359

 

213,082

 

213,322