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EARNINGS PER COMMON SHARE ("EPS") (Tables)
6 Months Ended
Jun. 30, 2021
EARNINGS PER COMMON SHARE ("EPS")  
Reconciliation of Numerators and Denominators of Basic and Diluted EPS

The following is a reconciliation of the numerators and denominators of basic and diluted EPS for the periods presented:

Three Months Ended

Six Months Ended

June 30, 

June 30, 

(In thousands except share and per share amounts)

    

2021

    

2020

    

2021

    

2020

 

  

 

  

  

 

  

Net income available to common stockholders

$

49,456

$

11,826

$

26,601

$

20,218

Less: Dividends paid and earnings allocated to participating securities

 

(539)

 

(46)

 

(276)

 

(113)

Income attributable to common stock

$

48,917

$

11,780

$

26,325

$

20,105

Weighted average common shares outstanding, including participating securities

 

41,432,256

 

21,615,403

 

38,006,716

 

22,086,209

Less: weighted average participating securities

 

(451,179)

 

(207,565)

 

(367,144)

 

(193,803)

Weighted average common shares outstanding

 

40,981,077

 

21,407,838

 

37,639,572

 

21,892,406

Basic EPS

$

1.19

$

0.55

$

0.70

$

0.92

 

  

 

  

 

  

 

  

Income attributable to common stock

$

48,917

$

11,780

$

26,325

$

20,105

Weighted average common shares outstanding

 

40,981,077

 

21,407,838

 

37,639,572

 

21,892,406

Weighted average common equivalent shares outstanding

 

508

 

134,078

 

832

 

135,786

Weighted average common and equivalent shares outstanding

 

40,981,585

 

21,541,916

 

37,640,404

 

22,028,192

Diluted EPS

$

1.19

$

0.55

$

0.70

$

0.91