XML 42 R32.htm IDEA: XBRL DOCUMENT v3.22.2
Net Income Per Common Share (Tables)
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Summary of Table Reconciling Basic and Diluted Net Income Per Share
The following table presents the calculation of basic and diluted net income per common share:
Three Months Ended
June 30,
Six Months Ended
June 30,
(dollars and shares in thousands, except per share data)2022202120222021
Net income$114,985 $62,786 $87,399 $149,604 
Preferred dividends(4,033)— (6,050)— 
Net income applicable to common shares$110,952 $62,786 $81,349 $149,604 
Weighted average common shares outstanding:
Weighted average common shares outstanding (basic)290,862 165,175 259,108 165,086 
Effect of dilutive securities:
Restricted stock1,014 737 1,136 713 
Stock appreciation rights5 22 9 22 
Weighted average diluted shares outstanding291,881 165,934 260,253 165,821 
Basic Net Income Per Common Share$0.38 $0.38 $0.31 $0.91 
Diluted Net Income Per Common Share$0.38 $0.38 $0.31 $0.90