Three Months Ended

June 30,

Six Months Ended

June 30,

2023

2022

2023

2022

Computation of Basic and Diluted Earnings Per Share:

Net income/(loss) available to the Company's common shareholders

$

100,426

$

(125,751

)

$

383,938

$

105,197

Earnings attributable to participating securities

(647

)

(533

)

(2,074

)

(1,000

)

Net income/(loss) available to the Company’s common shareholders for basic earnings per share

99,779

(126,284

)

381,864

104,197

Distributions on convertible units

-

1,479

-

Net income/(loss) available to the Company’s common shareholders for diluted earnings per share

$

99,779

$

(126,284

)

$

383,343

$

104,197

Weighted average common shares outstanding – basic

617,077

615,642

616,785

615,207

Effect of dilutive securities (1):

Equity awards

122

-

490

1,689

Assumed conversion of convertible units

58

-

2,474

47

Weighted average common shares outstanding – diluted

617,257

615,642

619,749

616,943

Net income/(loss) available to the Company's common shareholders:

Basic earnings per share

$

0.16

$

(0.21

)

$

0.62

$

0.17

Diluted earnings per share

$

0.16

$

(0.21

)

$

0.62

$

0.17