XML 46 R33.htm IDEA: XBRL DOCUMENT v3.20.4
Earnings and Dividends Per Share (Tables)
12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
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):
Year Ended December 31,
202020192018
Net income attributable to common stockholders$185,126 $160,456 $154,333 
BASIC:
Weighted average common shares outstanding44,696,285 43,417,828 41,943,873 
DILUTED:
Weighted average common shares outstanding44,696,285 43,417,828 41,943,873 
Stock options 1,719 75,196 67,735 
Convertible subordinated debentures— 210,224 80,123 
Weighted average dilutive common shares outstanding44,698,004 43,703,248 42,091,731 
Net income attributable to common stockholders - basic$4.14 $3.70 $3.68 
Net income attributable to common stockholders - diluted$4.14 $3.67 $3.67 
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 shares390,596 4,678 518 
Regular dividends declared per common share$4.41 $4.20 $4.00