| Components of Calculation of Earnings Per Share |
Reconciliations of the numerator and denominator of the basic and diluted earnings per share computations are as follows: | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | (Dollars in thousands) | | | 2026 | | | 2025 | | | 2026 | | | 2025 | Numerator: | | | | | | | | | | | | | Net income allocated to: | | | | | | | | | | | | | Common stockholders | | $ | 294,818 | | $ | 61,616 | | $ | 580,829 | | $ | 111,163 | Participating securities | | | 107 | | | 30 | | | 239 | | | 48 | | | $ | 294,925 | | $ | 61,646 | | $ | 581,068 | | $ | 111,211 | | | | | | | | | | | | | | Denominator: | | | | | | | | | | | | | Weighted-average common shares outstanding, basic | | | 49,487,271 | | | 49,323,071 | | | 49,474,189 | | | 49,315,304 | Dilutive effect of stock options | | | 20,128 | | | 77,564 | | | 34,911 | | | 78,522 | Dilutive effect of performance-based restricted stock units | | | 263,787 | | | 38,933 | | | 218,653 | | | 35,768 | Dilutive effect of restricted stock units | | | 86,379 | | | 36,913 | | | 94,691 | | | 73,097 | Weighted-average common shares outstanding, diluted | | | 49,857,565 | | | 49,476,481 | | | 49,822,444 | | | 49,502,691 |
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