Equity and Net Income Per Common Share (Tables)

6 Months Ended

Jun. 30, 2026

Equity and Net Income Per Common Share

Schedule of weighted average common shares outstanding


		Three Months Ended June 30,						Six Months Ended June 30,
(in thousands)		2025			2026			2025			2026
Basic weighted average number of common shares outstanding			479,083			474,909			479,074			474,391
Add: Dilutive effect of RSUs			1,508			818			2,299			1,507
Add: Dilutive effect of PSUs			1,332			946			1,507			1,202
Add: Dilutive effect of Series A Preferred Stock			528			440			528			440
Diluted weighted average number of common shares outstanding			482,451			477,113			483,408			477,540

Schedule of net income per share


		Three Months Ended June 30,						Six Months Ended June 30,
(in thousands, except per share amounts)		2025			2026			2025			2026
Net income		$	124,513			113,515			245,250			231,781
Less preferred stock dividends			(137)			(137)			(275)			(275)
Net income available to common shareholders		$	124,376			113,378			244,975			231,506

Net income per common share–basic		$	0.26			0.24			0.51			0.49
Net income per common share–diluted		$	0.26			0.24			0.51			0.48

Weighted average common shares outstanding–basic			479,083			474,909			479,074			474,391
Weighted average common shares outstanding–diluted			482,451			477,113			483,408			477,540