v3.26.3
Earnings Per Share
9 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
The following table sets forth the computation of basic and diluted income (loss) per common share:

Three Months EndedNine Months Ended
September 30,September 30,
($ and shares in thousands, except per share information)2026202520262025
Numerator:
Net income (loss) attributable to common shareholders
$81,456 $136,200 $358,776 $404,486 
Denominator:
Weighted average common shares outstanding - basic98,826 99,236 99,222 100,856 
Effect of dilutive securities2,082 3,668 2,074 3,452 
Weighted average common shares outstanding - diluted100,908 102,904 101,296 104,308 
Basic income (loss) per share attributable to common shareholders$0.82 $1.37 $3.62 $4.01 
Diluted income (loss) per share attributable to common shareholders$0.81 $1.32 $3.54 $3.88 

Diluted earnings per share includes the estimated impact under the Treasury Stock method where all dilutive restricted stock grants are assumed to vest and all dilutive warrants to be exercised during the period.

For the three months ended September 30, 2026 and 2025, Nil and fewer than 0.1 million, respectively, of common shares available for issuance under share based compensation plans were excluded from the calculation of diluted income (loss) per share because the assumed exercise or issuance of such shares would be anti-dilutive.
For each of the nine months ended September 30, 2026 and 2025, Nil common shares available for issuance under share based compensation plans were excluded from the calculation of diluted income (loss) per share because the assumed exercise or issuance of such shares would be anti-dilutive.