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EARNINGS PER COMMON SHARE (Tables)
6 Months Ended
Jun. 30, 2022
EARNINGS PER COMMON SHARE  
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)

    

2022

    

2021

    

2022

    

2021

 

  

 

  

  

 

  

Net income available to common stockholders

$

36,663

$

49,456

$

69,373

$

26,601

Less: Dividends paid and earnings allocated to participating securities

 

(432)

 

(539)

 

(806)

 

(276)

Income attributable to common stock

$

36,231

$

48,917

$

68,567

$

26,325

Weighted-average common shares outstanding, including participating securities

 

39,092,205

 

41,432,256

 

39,384,803

 

38,006,716

Less: weighted-average participating securities

 

(460,522)

 

(451,179)

 

(445,050)

 

(367,144)

Weighted-average common shares outstanding

 

38,631,683

 

40,981,077

 

38,939,753

 

37,639,572

Basic EPS

$

0.94

$

1.19

$

1.76

$

0.70

 

  

 

  

 

  

 

  

Income attributable to common stock

$

36,231

$

48,917

$

68,567

$

26,325

Weighted-average common shares outstanding

 

38,631,683

 

40,981,077

 

38,939,753

 

37,639,572

Weighted-average common equivalent shares outstanding

 

 

508

 

 

832

Weighted-average common and equivalent shares outstanding

 

38,631,683

 

40,981,585

 

38,939,753

 

37,640,404

Diluted EPS

$

0.94

$

1.19

$

1.76

$

0.70