XML 42 R30.htm IDEA: XBRL DOCUMENT v3.23.3
Earnings/(Loss) Per Share (Tables)
9 Months Ended
Sep. 30, 2023
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
September 30,
Nine Months Ended
September 30,
2023202220232022
(in thousands, except share and per share)
Basic earnings/(loss) per share:
Numerator
Net income/(loss)$132,450 $110,381 $393,571 $(242,334)
Preferred stock dividends(10,425)(10,425)(31,275)(31,275)
Net income/(loss) attributable to common stockholders$122,025 $99,956 $362,296 $(273,609)
Denominator
Weighted-average shares outstanding111,027,252 110,892,097 110,997,619 111,874,002 
Basic earnings/(loss) per share$1.10 $0.90 $3.26 $(2.45)
Diluted earnings/(loss) per share:
Numerator
Net income/(loss)$132,450 $110,381 $393,571 $(242,334)
Preferred stock dividends(10,425)(10,425)(31,275)(31,275)
Net income/(loss) attributable to common stockholders$122,025 $99,956 $362,296 $(273,609)
Denominator
Number of shares used in basic computation111,027,252110,892,097110,997,619111,874,002
Weighted-average effect of dilutive securities319,547 198,036385,638
Number of shares used in per share computation111,346,799 111,090,133 111,383,257 111,874,002 
Diluted earnings/(loss) per share$1.10 $0.90 $3.25 $(2.45)