v3.25.4
Earnings Per Share
 12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
The following table presents the computation of basic and diluted earnings per share:
Year Ended December 31,
(in thousands except share and per share data)202520242023
Numerator:
Net income
$330,244 $77,508 $189,141 
Preferred stock dividends17,250 17,250 17,250 
Net income available to common stockholders
$312,994 $60,258 $171,891 
Denominator:
Basic earnings per common share—weighted average common shares45,641,013 46,559,668 48,054,935 
Effect of dilutive outstanding stock-settled awards486,362 429,536 555,271 
Dilutive earnings per common share—weighted average diluted common shares46,127,375 46,989,204 48,610,206 
Basic earnings per common share
$6.86 $1.29 $3.58 
Diluted earnings per common share
$6.79 $1.28 $3.54 
Anti-dilutive outstanding stock-settled awards— — 97,368