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Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2022
Equity [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:
(dollars and shares in thousands,
except per share data)
Years Ended December 31,
202220212020
Net income$428,287 $277,538 $226,409 
Preferred dividends(14,118)— — 
Net income applicable to common shares$414,169 $277,538 $226,409 
Weighted average common shares outstanding:
Weighted average common shares outstanding (basic)275,179 165,178 165,509 
Effect of dilutive securities:
Restricted stock1,502 729 632 
Stock appreciation rights7 22 36 
Weighted average diluted shares outstanding276,688 165,929 166,177 
Basic Net Income Per Common Share$1.51 $1.68 $1.37 
Diluted Net Income Per Common Share$1.50 $1.67 $1.36