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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Calculation of our Basic and Diluted Earnings per share Calculation
The following table presents a reconciliation of the numerator and denominator of basic and diluted EPS for the three and six months ended June 30, 2022 and 2021:
For the Three Months Ended June 30,For the Six Months
Ended June 30,
2022202120222021
(Dollars in thousands, except per share amounts)
Numerator for basic and diluted EPS:
Net income$114,997 $28,165 $239,180 $126,964 
Denominator:
Weighted average common shares outstanding for basic calculation258,845,588 267,560,712 260,719,446 267,440,501 
Add: Effect of equity awards— 247,232 14,827 324,877 
Weighted average common shares outstanding for diluted calculation258,845,588 267,807,944 260,734,273 267,765,378 
Basic EPS$0.44 $0.11 $0.92 $0.47 
Diluted EPS$0.44 $0.11 $0.92 $0.47