The following table summarizes the Company’s computation of basic and diluted earnings per share (EPS) for the three and six months ended June 30, 2026 and 2025 (amounts in thousands except per share information):


	Three Months Ended June 30, 2026					Six Months Ended June 30, 2026
	Income (numerator)		Shares (denominator)	Per Share Amount		Income (numerator)		Shares (denominator)	Per Share Amount
Basic EPS:
Net income	$	67,166				$	129,776
Less: preferred dividend requirements	(6,040)					(12,072)



Net income available to common shareholders	$	61,126	76,521	$	0.80	$	117,704	76,424	$	1.54
Diluted EPS:
Net income available to common shareholders	$	61,126	76,521			$	117,704	76,424
Effect of dilutive securities:
Share options and performance share units	—		496			—		473


Net income available to common shareholders	$	61,126	77,017	$	0.79	$	117,704	76,897	$	1.53


	Three Months Ended June 30, 2025					Six Months Ended June 30, 2025
	Income (numerator)		Shares (denominator)	Per Share Amount		Income (numerator)		Shares (denominator)	Per Share Amount
Basic EPS:
Net income	$	75,643				$	141,446
Less: preferred dividend requirements	(6,040)					(12,072)



Net income available to common shareholders	$	69,603	76,083	$	0.91	$	129,374	75,944	$	1.70
Diluted EPS:
Net income available to common shareholders	$	69,603	76,083			$	129,374	75,944
Effect of dilutive securities:
Share options and performance share units	—		488			—		460


Net income available to common shareholders	$	69,603	76,571	$	0.91	$	129,374	76,404	$	1.69