The Company reports both basic and diluted earnings per share. Basic earnings per share is computed by dividing net income available to participating common stockholders by the weighted average number of participating common shares outstanding for the period. Diluted earnings per share is calculated by dividing the net income available to participating common shareholders by the diluted weighted average number of shares outstanding for the period. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted for any potentially dilutive equity.


	Three Months Ended September 30,		Nine Months Ended September 30,
(in thousands)	2026	2025	2026	2025
Weighted-average outstanding common shares	477,657	482,872	479,165	482,774
Add participating securities:
Weighted-average time-lapse restricted awards	1,313	1,763	1,402	1,791
Total weighted-average shares outstanding – basic	478,970	484,635	480,567	484,565
Dilutive effect of restricted stock units and PSUs	8	35	19	33
Weighted-average shares outstanding – diluted	478,978	484,670	480,586	484,598