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

Six Months Ended

June 30, 

June 30, 

(In thousands except share and per share amounts)

    

2023

    

2022

    

2023

    

2022

Net income available to common stockholders

$

25,676

$

36,663

$

61,158

$

69,373

Less: Dividends paid and earnings allocated to participating securities

 

(417)

 

(432)

 

(806)

 

(806)

Income attributable to common stock

$

25,259

$

36,231

$

60,352

$

68,567

Weighted-average common shares outstanding, including participating securities

 

38,805,966

 

39,092,205

 

38,687,941

 

39,384,803

Less: weighted-average participating securities

 

(629,973)

 

(460,522)

 

(523,582)

 

(445,050)

Weighted-average common shares outstanding

 

38,175,993

 

38,631,683

 

38,164,359

 

38,939,753

Basic EPS

$

0.66

$

0.94

$

1.58

$

1.76

 

  

 

  

 

  

 

  

Income attributable to common stock

$

25,259

$

36,231

$

60,352

$

68,567

Weighted-average common shares outstanding

 

38,175,993

 

38,631,683

 

38,164,359

 

38,939,753

Weighted-average common equivalent shares outstanding

 

 

 

 

Weighted-average common and equivalent shares outstanding

 

38,175,993

 

38,631,683

 

38,164,359

 

38,939,753

Diluted EPS

$

0.66

$

0.94

$

1.58

$

1.76