Computation of Basic and Diluted Earnings Per Share |
The following table sets forth the computation of basic and diluted earnings per common share: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended | | Six months ended | | | June 30, | | June 30, | (Dollars in thousands, except per share data) | | 2025 | | 2024 | | 2025 | | 2024 | Numerator | | | | | | | | | Net income available to common shareholders | | $ | 69,996 | | | $ | 60,805 | | | $ | 121,289 | | | $ | 111,494 | | | | | | | | | | | Denominator | | | | | | | | | Weighted average shares outstanding for basic earnings per common share | | 94,860,428 | | | 94,438,235 | | | 94,753,700 | | | 94,328,151 | | Effect of dilutive securities | | | | | | | | | Employee stock awards | | 881,268 | | | 1,031,858 | | | 879,879 | | | 998,894 | | | | | | | | | | | Adjusted weighted average shares for diluted earnings per common share | | 95,741,696 | | | 95,470,093 | | | 95,633,579 | | | 95,327,045 | | | | | | | | | | | Earnings per share available to common shareholders | | | | | | | | | Basic | | $ | 0.74 | | | $ | 0.64 | | | $ | 1.28 | | | $ | 1.18 | | Diluted | | $ | 0.73 | | | $ | 0.64 | | | $ | 1.27 | | | $ | 1.17 | |
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