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Net Income Per Common Share (Tables)
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Schedule of Basic And Diluted Earnings per Share
The following table displays a reconciliation of the information used in calculating basic and diluted net income per common share for the years ended December 31, 2021, 2020, and 2019. Diluted net income per common share incorporates the potential impact of contingently issuable shares, including awards which require future service as a condition of delivery of the underlying common stock.
Years Ended December 31,
(in thousands, except per share data)202120202019
Net income$760,467 $373,695 $563,780 
Less: Preferred stock dividends33,163 33,163 22,881 
Net income available to common shareholders$727,304 $340,532 $540,899 
Weighted average common shares outstanding147,041 147,415 154,331 
Effect of dilutive outstanding equity-based awards, warrants, and earnout payments1,454 795 1,727 
Weighted average diluted common shares148,495 148,210 156,058 
Net income per common share, basic$4.95 $2.31 $3.50 
Net income per common share, diluted$4.90 $2.30 $3.47