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Earnings per share ("EPS")
 12 Months Ended
Dec. 31, 2024
Earnings per share ("EPS") [Abstract]  
Earnings per share ("EPS")

Note 5 – Earnings per share (“EPS”)
 
The computation of basic earnings per share is based on the weighted average number of common shares outstanding during the period. The computation of diluted earnings per share assumes the exercise of all dilutive restricted shares using the treasury stock method.
 
The components of the calculation of basic EPS and diluted EPS are as follows:
 
(Dollars in thousands)
  
2024
    
2023
    
2022
  
Profit/(loss) for the period used for calculation of EPS - basic
  
$
181,377
    
$
161,353
    
$
61,520
  
Profit/(loss) for the period used for calculation of EPS - dilutive
  
$
181,377
    
$
161,353
    
$
61,520
  
                         
Basic earnings per share:
                        
Weighted average shares outstanding - basic
    
161,354,507
      
162,178,499
      
164,692,954
  
                         
Diluted earnings per share:
                        
Weighted average shares outstanding - basic
    
161,354,507
      
162,178,499
      
164,692,954
  
Dilutive equity awards
    
87,274
      
178,236
      
157,137
  
Weighted average shares outstanding - dilutive
    
161,441,782
      
162,356,735
      
164,850,091