Schedule of Earnings Per Share, Basic and Diluted |
The following table summarizes the average number of common shares and the net income used in the calculation of basic and diluted earnings per common share (in thousands, except share and per share amounts): | | | | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | June 30, | | June 30, | | 2019 | | 2018 | | 2019 | | 2018 | Net income attributable to common stockholders | $ | 39,979 |
| | $ | 37,839 |
| | $ | 75,658 |
| | $ | 76,271 |
| | | | | | | | | BASIC: | | | | | | | | Weighted average common shares outstanding | 43,232,384 |
| | 41,704,819 |
| | 43,029,104 |
| | 41,618,487 |
| | | | | | | | | DILUTED: | | | | | | | | Weighted average common shares outstanding | 43,232,384 |
| | 41,704,819 |
| | 43,029,104 |
| | 41,618,487 |
| Stock options | 66,145 |
| | 57,759 |
| | 70,920 |
| | 51,241 |
| Convertible subordinated debentures | 199,492 |
| | 24,251 |
| | 211,503 |
| | 12,126 |
| Weighted average dilutive common shares outstanding | 43,498,021 |
| | 41,786,829 |
| | 43,311,527 |
| | 41,681,854 |
| | | | | | | | | Net income attributable to common stockholders - basic | $ | .92 |
| | $ | .91 |
| | $ | 1.76 |
| | $ | 1.83 |
| Net income attributable to common stockholders - diluted | $ | .92 |
| | $ | .91 |
| | $ | 1.75 |
| | $ | 1.83 |
| | | | | | | | | Incremental anti-dilutive shares excluded: | | | | | | | | Net share effect of stock options with an exercise price in excess of the average market price for our common shares | 40,173 |
| | 33,554 |
| | 21,227 |
| | 50,952 |
| | | | | | | | | Regular dividends declared per common share | $ | 1.05 |
| | $ | 1.00 |
| | $ | 2.10 |
| | $ | 2.00 |
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