Schedule of Earnings Per Share, Basic and Diluted |
Amounts used in the determination of basic and diluted earnings per share for the three- and six- months ended June 30, 2023 and 2022, are shown in the table below, dollars and number of shares in thousands, except per share data: | | | | | | | | | | | | | Three Months Ended June 30, | | 2023 | | 2022 | Net income | $ | 49,416 | | | $ | 51,873 | | Preferred dividends | (2,012) | | | (2,012) | | | | | | | | | | Net income available to common stockholders | $ | 47,404 | | | $ | 49,861 | | | | | | Weighted average common shares outstanding for basic earnings per share | 42,696 | | | 42,475 | | Assumed incremental common shares issued upon vesting of outstanding restricted stock units | 62 | | | 91 | | Weighted average common shares for diluted earnings per share | 42,758 | | | 42,566 | | Earnings per common share — basic | $ | 1.11 | | | $ | 1.17 | | Earnings per common share — diluted | $ | 1.11 | | | $ | 1.17 | | Number of antidilutive common stock equivalents excluded from diluted earnings per share computation | 59 | | | 172 | | Number of antidilutive stock options excluded from diluted earnings per share computation | 221 | | — | | | | | | | Six Months Ended June 30, | | 2023 | | 2022 | Net income | $ | 102,192 | | | $ | 94,962 | | Preferred dividends | (4,025) | | | (4,025) | | | | | | Net income available to stockholders | $ | 98,167 | | | $ | 90,937 | | | | | | Weighted average common shares outstanding for basic earnings per share | 42,655 | | | 42,418 | | Assumed incremental common shares issued upon vesting of outstanding restricted stock units | 98 | | | 145 | | Weighted average common shares for diluted earnings per share | 42,753 | | | 42,563 | | Earnings per common share — basic | $ | 2.30 | | | $ | 2.14 | | Earnings per common share — diluted | $ | 2.30 | | | $ | 2.14 | | Number of antidilutive common stock equivalents excluded from diluted earnings per share computation | 95 | | | 76 | | Number of antidilutive stock options excluded from diluted earnings per share computation | 62 | | | — | |
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