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EARNINGS PER COMMON SHARE (Tables)
3 Months Ended
Mar. 31, 2023
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

March 31, 

(In thousands except share and per share amounts)

    

2023

    

2022

  

 

  

Net income available to common stockholders

$

35,482

$

32,710

Less: Dividends paid and earnings allocated to participating securities

 

(389)

 

(374)

Income attributable to common stock

$

35,093

$

32,336

Weighted-average common shares outstanding, including participating securities

 

38,568,640

 

39,680,652

Less: weighted-average participating securities

 

(417,175)

 

(429,404)

Weighted-average common shares outstanding

 

38,151,465

 

39,251,248

Basic EPS

$

0.92

$

0.82

 

  

 

  

Income attributable to common stock

$

35,093

$

32,336

Weighted-average common shares outstanding

 

38,151,465

 

39,251,248

Weighted-average common equivalent shares outstanding

 

 

Weighted-average common and equivalent shares outstanding

 

38,151,465

 

39,251,248

Diluted EPS

$

0.92

$

0.82