Basic

Net earnings

$

41,224

$

63,318

$

9,231

Deduct preferred stock dividends

23

Undistributed net earnings

41,201

63,295

9,208

Earnings attributable to participating preferred shareholders

48

72

30

Earnings attributable to common shareholders

$

41,153

$

63,223

$

9,178

Weighted average common shares outstanding

6,912

7,318

7,796

Basic earnings per common share

$

5.95

$

8.64

$

1.19

Diluted

Earnings attributable to common shareholders

$

41,153

$

63,223

$

9,178

Add dividends on convertible preferred stock

20

Earnings attributable to common stock on a diluted basis

$

41,173

$

63,243

$

9,198

Weighted average common shares outstanding - basic

6,912

7,318

7,796

Additional shares to be issued under full conversion of preferred stock

67

Total shares for diluted

6,979

7,385

7,863

Diluted earnings per common share

$

5.90

$

8.56

$

1.16