Calculation Of Basic And Diluted Earnings Per Share |
The following table presents information necessary to calculate basic and diluted earnings per share for the periods indicated: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | (in thousands, except per share amounts) | | 2025 | | 2024 | | 2025 | | 2024 | Earnings per common share calculation – basic | | | | | | | | | Net income attributable to common shareholders | | $ | 80,670 | | | $ | 42,917 | | | $ | 119,492 | | | $ | 126,806 | | Amount allocated to participating securities | | (173) | | | (78) | | | (266) | | | (233) | | | | | | | | | | | | | | | | | | | | Net income attributable to common shareholders – basic | | $ | 80,497 | | | $ | 42,839 | | | $ | 119,226 | | | $ | 126,573 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total earnings per common share – basic | | $ | 0.74 | | | $ | 0.40 | | | $ | 1.10 | | | $ | 1.17 | | | | | | | | | | | Weighted average number of common shares outstanding – basic | | 108,636 | | | 108,406 | | | 108,584 | | | 108,556 | | | | | | | | | | | Earnings per common share calculation – diluted | | | | | | | | | Income from continuing operations attributable to common shareholders, net of amount allocated to participating securities | | $ | 80,497 | | | $ | 42,839 | | | $ | 119,226 | | | $ | 126,573 | | Income allocated to common units from continuing operations | | 537 | | | — | | | — | | | — | | | | | | | | | | | | | | | | | | | | Net income attributable to common shareholders – diluted | | $ | 81,034 | | | $ | 42,839 | | | $ | 119,226 | | | $ | 126,573 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total earnings per common share – diluted | | $ | 0.74 | | | $ | 0.40 | | | $ | 1.10 | | | $ | 1.17 | | | | | | | | | | | Weighted average number of common shares outstanding – basic | | 108,636 | | | 108,406 | | | 108,584 | | | 108,556 | | | | | | | | | | | Incremental shares issuable from assumed conversion of share awards granted | | 39 | | | 18 | | | 52 | | | 21 | | Common units | | 725 | | | — | | | — | | | — | | Weighted average number of common shares outstanding – diluted | | 109,400 | | | 108,424 | | | 108,636 | | | 108,577 | |
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