XML 173 R147.htm IDEA: XBRL DOCUMENT v3.22.4
Note 28 - Earnings Per Share - Reconciliation of Earnings (Loss) and the Weighted Average Number of Shares (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Net income available to the Company's common shareholders $ 100,758 $ 818,643 $ 975,417
Change in estimated redemption value of redeemable noncontrolling interests 0 2,304 2,160
Earnings attributable to participating securities (2,182) (5,346) (6,347)
Net income available to the Company’s common shareholders for basic earnings per share 98,576 815,601 971,230
Distributions on convertible units 0 3,087 161
Net income available to the Company’s common shareholders for diluted earnings per share $ 98,576 $ 818,688 $ 971,391
Weighted average common shares outstanding – basic (in shares) 615,528 506,248 429,950
Equity awards (in shares) [1] 2,283 2,422 1,475
Assumed conversion of convertible units (in shares) [1] 47 2,715 208
Weighted average common shares outstanding – diluted (in shares) [1] 617,858 511,385 431,633
Basic earnings per share (in dollars per share) $ 0.16 $ 1.61 $ 2.26
Diluted earnings per share (in dollars per share) $ 0.16 $ 1.60 $ 2.25
[1] The effect of the assumed conversion of certain convertible units had an anti-dilutive effect upon the calculation of Net income available to the Company's common shareholders per share. Accordingly, the impact of such conversions has not been included in the determination of diluted earnings per share calculations. Additionally, there were 0.3 million, 0 million and 1.2 million stock options that were not dilutive as of December 31, 2022, 2021 and 2020, respectively.