| Schedule Of Earnings Per Share Basic And Diluted |
The following table represents net income (loss) per common share – basic and diluted (in thousands, except income
(loss) per share):
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Three months ended June 30, |
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Six months ended June 30, |
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2026 |
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2025 |
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2026 |
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2025 |
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Numerator |
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Income from continuing operations |
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$ |
117,876 |
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$ |
26,910 |
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$ |
282,529 |
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$ |
51,249 |
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Income (loss) from discontinued operations |
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— |
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30,795 |
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(183,681 |
) |
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35,328 |
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Preferred stock dividends |
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(132 |
) |
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(138 |
) |
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(264 |
) |
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(276 |
) |
Net income applicable to common stockholders |
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$ |
117,744 |
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$ |
57,567 |
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$ |
98,584 |
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$ |
86,301 |
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Denominator |
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Basic weighted average common shares |
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670,763 |
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636,928 |
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670,579 |
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634,339 |
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Dilutive units |
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5,123 |
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2,811 |
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5,286 |
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2,652 |
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Diluted weighted average common shares |
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675,886 |
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639,739 |
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675,865 |
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636,991 |
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Basic income per share: |
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Income from continuing operations |
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$ |
0.18 |
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$ |
0.04 |
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$ |
0.42 |
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$ |
0.08 |
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Income (loss) from discontinued operations |
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— |
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0.05 |
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(0.27 |
) |
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0.06 |
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Basic earnings per common share |
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$ |
0.18 |
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$ |
0.09 |
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$ |
0.15 |
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$ |
0.14 |
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Diluted income per common share |
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Income from continuing operations |
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$ |
0.17 |
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$ |
0.04 |
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$ |
0.42 |
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$ |
0.08 |
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Income (loss) from discontinued operations |
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— |
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0.05 |
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(0.27 |
) |
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0.06 |
|
Diluted income per common share |
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$ |
0.17 |
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$ |
0.09 |
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$ |
0.15 |
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$ |
0.14 |
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