| Schedule of computation of basic and diluted earnings per share |
The following table presents the computation of basic and diluted earnings per share: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | (in thousands except share and per share data) | 2026 | | 2025 | | 2026 | | 2025 | | | | Numerator: | | | | | | | | | | Net income | $ | 84,948 | | | $ | 77,328 | | | $ | 158,736 | | | $ | 124,375 | | | | | Preferred stock dividends | 4,312 | | | 4,312 | | | 8,625 | | | 8,625 | | | | Net income available to common stockholders | $ | 80,636 | | | $ | 73,016 | | | $ | 150,111 | | | $ | 115,750 | | | | | Denominator: | | | | | | | | | | | Basic earnings per common share—weighted average common shares | 43,599,022 | | | 45,791,602 | | | 43,845,295 | | | 45,956,594 | | | | | Effect of dilutive outstanding stock-settled awards | 463,397 | | | 423,792 | | | 466,174 | | | 446,522 | | | | | Dilutive earnings per common share—weighted average diluted common shares | 44,062,419 | | | 46,215,394 | | | 44,311,469 | | | 46,403,116 | | | | Basic earnings per common share | $ | 1.85 | | | $ | 1.59 | | | $ | 3.42 | | | $ | 2.52 | | | | Diluted earnings per common share | $ | 1.83 | | | $ | 1.58 | | | $ | 3.39 | | | $ | 2.49 | | | | | Anti-dilutive outstanding stock-settled awards | 35,752 | | | 31,703 | | | 30,616 | | | 26,974 | | | |
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