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Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
Computation of Basic and Dilutive Net Income Per Share
The following table presents the computation of basic and diluted earnings per common share for the periods indicated (dollar and share amounts in thousands, except per share amounts):
 
 
Three Months Ended March 31,
 
 
2019
 
2018
Basic Earnings per Common Share
 
 
 
 
Net income attributable to Company
 
$
44,139

 
$
29,618

Less: Preferred stock dividends
 
(5,925
)
 
(5,925
)
Net income attributable to Company's common stockholders
 
$
38,214

 
$
23,693

Basic weighted average common shares outstanding
 
174,421

 
112,018

Basic Earnings per Common Share
 
$
0.22

 
$
0.21

 
 
 
 
 
Diluted Earnings per Common Share:
 
 
 
 
Net income attributable to Company
 
$
44,139

 
$
29,618

Less: Preferred stock dividends
 
(5,925
)
 
(5,925
)
Add back: Interest expense on convertible notes for the period, net of tax
 
2,626

 
2,634

Net income attributable to Company's common stockholders
 
$
40,840

 
$
26,327

Weighted average common shares outstanding
 
174,421

 
112,018

Net effect of assumed convertible notes conversion to common shares
 
19,694

 
19,694

Net effect of assumed PSUs vested
 
855

 
49

Diluted weighted average common shares outstanding
 
194,970

 
131,761

Diluted Earnings per Common Share
 
$
0.21

 
$
0.20



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