XML 41 R25.htm IDEA: XBRL DOCUMENT

Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2020

Earnings Per Share

Schedule of reconciliation of basic and diluted net income per share

The following table sets forth the reconciliation of basic and diluted earnings per share (in thousands, except share and per share amounts):


		Three Months Ended September 30,						Nine Months Ended September 30,
		2020			2019			2020			2019
Basic earnings per share:
Numerator
Net income		$	120,395		$	155,787		$	405,171		$	422,186
Preferred stock dividends			(3,843)			(3,844)			(11,531)			(8,115)
Net income available to common stockholders		$	116,552		$	151,943		$	393,640		$	414,071
Denominator
Weighted-average common shares outstanding			113,778,533			112,133,556			113,647,585			111,511,960
Basic earnings per share		$	1.02		$	1.36		$	3.46		$	3.71
Diluted earnings per share:
Numerator
Net income		$	120,395		$	155,787		$	405,171		$	422,186
Preferred stock dividends			(3,843)			(3,844)			(11,531)			(8,115)
Net income available to common stockholders		$	116,552		$	151,943		$	393,640		$	414,071
Denominator
Number of shares used in basic computation			113,778,533			112,133,556			113,647,585			111,511,960
Weighted-average effect of dilutive securities			172,569			1,129,840			281,190			1,325,566
Number of shares used in per share computation			113,951,102			113,263,396			113,928,775			112,837,526
Diluted earnings per share		$	1.02		$	1.34		$	3.46		$	3.67