XML 88 R46.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Earnings Per Share (Tables) | 12 Months Ended
--- | ---
Dec. 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):
|  | Year Ended December 31,
|  | 2019 |  | 2018 |  | 2017
Basic Earnings per Common Share |  |  |  |  |  |
Net income attributable to Company |  | $ | 173,736 |  |  | $ | 102,886 |  |  | $ | 91,980 |
Less: Preferred stock dividends |  | (28,901 | ) |  | (23,700 | ) |  | (15,660 | )
Net income attributable to Company’s common stockholders |  | $ | 144,835 |  |  | $ | 79,186 |  |  | $ | 76,320 |
Basic weighted average common shares outstanding |  | 221,380 |  |  | 127,243 |  |  | 111,836 |
Basic Earnings per Common Share |  | $ | 0.65 |  |  | $ | 0.62 |  |  | $ | 0.68 |
Diluted Earnings per Common Share: |  |  |  |  |  |
Net income attributable to Company |  | $ | 173,736 |  |  | $ | 102,886 |  |  | $ | 91,980 |
Less: Preferred stock dividends |  | (28,901 | ) |  | (23,700 | ) |  | (15,660 | )
Add back: Interest expense on convertible notes for the period, net of tax |  | 10,662 |  |  | 10,475 |  |  | 9,158 |
Net income attributable to Company’s common stockholders |  | $ | 155,497 |  |  | $ | 89,661 |  |  | $ | 85,478 |
Weighted average common shares outstanding |  | 221,380 |  |  | 127,243 |  |  | 111,836 |
Net effect of assumed convertible notes conversion to common shares |  | 19,695 |  |  | 19,695 |  |  | 18,507 |
Net effect of assumed PSUs vested |  | 1,521 |  |  | 512 |  |  | — |
Diluted weighted average common shares outstanding |  | $ | 242,596 |  |  | $ | 147,450 |  |  | $ | 130,343 |
Diluted Earnings per Common Share |  | $ | 0.64 |  |  | $ | 0.61 |  |  | $ | 0.66 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration