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Earnings/(Loss) Per Share (Tables) | 6 Months Ended
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Jun. 30, 2022
Earnings Per Share [Abstract] |
Schedule of reconciliation of basic and diluted earnings/loss per share | The following table sets forth the reconciliation of basic and diluted earnings/(loss) per share:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2022 |  | 2021 |  | 2022 |  | 2021
| (in thousands, except share and per share)
Basic earnings/(loss) per share: |  |  |  |  |  |  |
Numerator |  |  |  |  |  |  |
Net income/(loss) | $ | 116,277 |  |  | $ | 93,422 |  |  | $ | (352,716) |  |  | $ | 177,514 |
Preferred stock dividends | (10,425) |  |  | (7,835) |  |  | (20,850) |  |  | (11,679) |
Net income/(loss) attributable to common stockholders | $ | 105,852 |  |  | $ | 85,587 |  |  | $ | (373,566) |  |  | $ | 165,835 |
Denominator |  |  |  |  |  |  |
Weighted-average shares outstanding | 110,868,040 |  |  | 114,133,135 |  |  | 112,373,092 |  |  | 114,046,252 |
Basic earnings/(loss) per share | $ | 0.95 |  |  | $ | 0.75 |  |  | $ | (3.32) |  |  | $ | 1.45 |
Diluted earnings/(loss) per share: |  |  |  |  |  |  |
Numerator |  |  |  |  |  |  |
Net income/(loss) | $ | 116,277 |  |  | $ | 93,422 |  |  | $ | (352,716) |  |  | $ | 177,514 |
Preferred stock dividends | (10,425) |  |  | (7,835) |  |  | (20,850) |  |  | (11,679) |
Net income/(loss) attributable to common stockholders | $ | 105,852 |  |  | $ | 85,587 |  |  | $ | (373,566) |  |  | $ | 165,835 |
Denominator |  |  |  |  |  |  |
Number of shares used in basic computation | 110,868,040 |  | 114,133,135 |  | 112,373,092 |  | 114,046,252
Weighted-average effect of dilutive securities | 175,796 |  | 244,830 |  | — |  | 327,324
Number of shares used in per share computation | 111,043,836 |  |  | 114,377,965 |  |  | 112,373,092 |  |  | 114,373,576 |
Diluted earnings/(loss) per share | $ | 0.95 |  |  | $ | 0.75 |  |  | $ | (3.32) |  |  | $ | 1.45 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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