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 | | Nine Months Ended | | September 30, | | September 30, | | 2021 | | 2020 | | 2021 | | 2020 | Net income attributable to common stockholders | $ | 30,814 | | | $ | 42,595 | | | $ | 105,327 | | | $ | 147,986 | | | | | | | | | | BASIC: | | | | | | | | Weighted average common shares outstanding | 45,850,599 | | | 44,661,650 | | | 45,668,762 | | | 44,641,748 | | | | | | | | | | DILUTED: | | | | | | | | Weighted average common shares outstanding | 45,850,599 | | | 44,661,650 | | | 45,668,762 | | | 44,641,748 | | Stock options | 825 | | | 753 | | | 6,391 | | | 1,766 | | Convertible senior notes | — | | | — | | | 13,938 | | | — | | Weighted average dilutive common shares outstanding | 45,851,424 | | | 44,662,403 | | | 45,689,091 | | | 44,643,514 | | | | | | | | | | Net income attributable to common stockholders - basic | $ | 0.67 | | | $ | 0.95 | | | $ | 2.31 | | | $ | 3.31 | | Net income attributable to common stockholders - diluted | $ | 0.67 | | | $ | 0.95 | | | $ | 2.31 | | | $ | 3.31 | | | | | | | | | | 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 | 505,459 | | | 410,012 | | | 308,313 | | | 427,180 | | | | | | | | | | Regular dividends declared per common share | $ | 0.90 | | | $ | 1.1025 | | | $ | 2.9025 | | | $ | 3.3075 | |
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