Three months ended

Nine months ended

September 30,

2025

2024

2025

2024

(in thousands)

Net income available for stockholders

$

12,963

$

18,796

$

35,141

$

78,682

Less: Adjustments for earnings attributable to participating securities

(489)

(308)

(986)

(1,219)

Net income used in calculating earnings per share

$

12,474

$

18,488

$

34,155

$

77,463

Weighted average shares outstanding (including participating securities)

220,575

214,976

218,959

214,940

Adjustment for participating securities

(8,331)

(3,728)

(4,054)

(3,341)

Shares used in calculating basic and diluted earnings per share

212,244

211,248

214,905

211,599