| Schedule of computation of basic and diluted earnings per share |
The following table presents the computation of basic and diluted earnings per share: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | (in thousands except share and per share data) | 2026 | | 2025 | | 2026 | | 2025 | | | | Numerator: | | | | | | | | | | Net income | $ | 103,705 | | | $ | 105,210 | | | $ | 262,441 | | | $ | 229,585 | | | | | Preferred stock dividends | 4,313 | | | 4,313 | | | 12,938 | | | 12,938 | | | | Net income available to common stockholders | $ | 99,392 | | | $ | 100,897 | | | $ | 249,503 | | | $ | 216,647 | | | | | Denominator: | | | | | | | | | | | Basic earnings per common share—weighted average common shares | 43,124,320 | | | 45,708,185 | | | 43,598,025 | | | 45,873,276 | | | | | Effect of dilutive outstanding stock-settled awards | 489,951 | | | 524,982 | | | 467,942 | | | 474,960 | | | | | Dilutive earnings per common share—weighted average diluted common shares | 43,614,271 | | | 46,233,167 | | | 44,065,967 | | | 46,348,236 | | | | Basic earnings per common share | $ | 2.30 | | | $ | 2.21 | | | $ | 5.72 | | | $ | 4.72 | | | | Diluted earnings per common share | $ | 2.28 | | | $ | 2.18 | | | $ | 5.66 | | | $ | 4.67 | | | | | Anti-dilutive outstanding stock-settled awards | 21,054 | | | — | | | 36,142 | | | 207 | | | |
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