Basic and diluted earnings per share |
Basic and diluted earnings per share has been computed based on the following: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months ended | | Six Months ended | (Dollars in thousands, except per share data) | June 30, 2025 | | June 30, 2024 | | June 30, 2025 | | June 30, 2024 | Net income available to common stockholders, basic and diluted | $ | 52,781 | | | 44,708 | | | $ | 107,349 | | | 77,335 | | Average outstanding shares - basic | 116,890,776 | | | 113,390,539 | | | 115,180,489 | | | 112,941,341 | | Add: dilutive restricted stock units and stock options | 27,514 | | | 14,952 | | | 64,061 | | | 40,190 | | Average outstanding shares - diluted | 116,918,290 | | | 113,405,491 | | | 115,244,550 | | | 112,981,531 | | Basic earnings per share | $ | 0.45 | | | 0.39 | | | $ | 0.93 | | | 0.68 | | Diluted earnings per share | $ | 0.45 | | | 0.39 | | | $ | 0.93 | | | 0.68 | | Restricted stock units and stock options excluded from the diluted average outstanding share calculation 1 | 145,840 | | | 136,673 | | | 109,554 | | | 136,673 | |
______________________________ 1 Anti-dilution occurs when the unrecognized compensation cost per share of a restricted stock unit or the exercise price of a stock option exceeds the market price of the Company’s stock.
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