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Stockholders' Equity (Tables)
9 Months Ended
Sep. 30, 2023
Equity [Abstract]  
Computation of Basic and Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share (in thousands, except share and per share data):
 
    
Three Months Ended

September 30,
    
Nine Months Ended

September 30,
 
    
2023
    
2022
    
2023
    
2022
 
Numerator:
           
Net income available to common shareholders
   $ 65,266      $ 14,423      $ 183,433      $ 174,549  
  
 
 
    
 
 
    
 
 
    
 
 
 
Denominator:
           
Basic weighted average shares outstanding
     108,583,009        110,140,496        108,707,699        112,609,684  
Effect of dilutive securities:
           
Stock appreciation rights and options
     80,256        85,396        72,580        101,967  
Restricted stock
     39,230        74,125        49,095        76,343  
  
 
 
    
 
 
    
 
 
    
 
 
 
Diluted weighted average shares outstanding
     108,702,495        110,300,017        108,829,374        112,787,994  
  
 
 
    
 
 
    
 
 
    
 
 
 
Basic earnings per share
   $ 0.60      $ 0.13      $ 1.69      $ 1.55  
  
 
 
    
 
 
    
 
 
    
 
 
 
Diluted earnings per share
   $ 0.60      $ 0.13      $ 1.69      $ 1.55  
  
 
 
    
 
 
    
 
 
    
 
 
 
Antidilutive Securities Excluded from Computation of Earnings Per Share The computation of diluted earnings per share excludes the following potentially dilutive securities because the effect would be anti-dilutive:
 
    
Three Months Ended
September 30,
    
Nine Months Ended
September 30,
 
    
2023
    
2022
    
2023
    
2022
 
Stock appreciation rights
     86,250        47,303        95,467        41,627  
Restricted stock
     —         68,008        69,764        48,552