Basic earnings per share is computed using the weighted average number of shares of common stock outstanding during the period. Diluted earnings per share of common stock is computed by using the weighted average shares of common stock outstanding, including the dilutive effect of restricted stock units and performance stock units based on an average share price during the period. For the three and six months ended June 30, 2026, 18,000 and 156,000 unvested RSUs and PSUs, respectively, were excluded from the calculation of potential dilutive common shares due to their anti-dilutive impact. For the three and six months ended June 30, 2025, 2,000 and 1,000 unvested RSUs and PSUs, respectively, were excluded from the calculation of potential dilutive common shares due to their anti-dilutive impact.


	Three Months Ended				Six Months Ended
	June 30,				June 30,
(in thousands, except per share data)	2026		2025		2026		2025
Net income attributable to common shareholders	$	51,971	$	39,496	$	69,776	$	69,907
Less: Dividends paid and earnings allocated to non-forfeitable RSUs	(535)		(600)		(1,048)		(1,016)
Net income used in basic and diluted earnings per share	$	51,436	$	38,896	$	68,728	$	68,891

Basic weighted average shares of common stock	95,458		87,699		90,726		87,788
Effect of dilutive securities:
RSUs and PSUs	1,123		1,598		1,243		1,703
Preferred shares	224		743		224		743
Diluted weighted average shares of common stock	96,805		90,040		92,193		90,234

Earnings per share attributable to common shareholders:
Basic	$	0.54	$	0.44	$	0.76	$	0.78
Diluted	$	0.53	$	0.43	$	0.75	$	0.76