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Equity and Net Income Per Common Share (Tables)

9 Months Ended

Sep. 30, 2025

Equity and Net Income Per Common Share

Schedule of weighted average shares outstanding


		Three Months Ended September 30,						Nine Months Ended September 30,
(in thousands)		2024			2025			2024			2025
Basic weighted average number of common shares outstanding			481,288			478,020			480,765			478,719
Add: Dilutive effect of RSUs			2,056			1,781			2,180			2,129
Add: Dilutive effect of PSUs			1,524			1,499			1,301			1,505
Add: Dilutive effect of Series A Preferred Stock			664			514			664			514
Diluted weighted average number of common shares outstanding			485,532			481,814			484,910			482,867

Schedule of net income per share


		Three Months Ended September 30,						Nine Months Ended September 30,
(in thousands, except per share amounts)		2024			2025			2024			2025
Net income		$	99,740			115,984			289,703			361,234
Less preferred stock dividends			(138)			(138)			(413)			(413)
Net income available to common shareholders		$	99,602			115,846			289,290			360,821

Net income per common share–basic		$	0.21			0.24			0.60			0.75
Net income per common share–diluted		$	0.21			0.24			0.60			0.75

Weighted average common shares outstanding–basic			481,288			478,020			480,765			478,719
Weighted average common shares outstanding–diluted			485,532			481,814			484,910			482,867