| Schedule Of Earnings Per Share Basic And Diluted |
The following table represents net income (loss) per common share – basic and diluted (in thousands, except income
(loss) per share):
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Three months ended September 30, |
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Nine months ended September 30, |
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2026 |
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2025 |
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2026 |
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2025 |
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Numerator |
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Income from continuing operations |
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$ |
149,600 |
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$ |
89,363 |
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$ |
432,129 |
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$ |
148,000 |
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Income (loss) from discontinued operations |
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— |
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11,363 |
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(183,681 |
) |
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39,303 |
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Preferred stock dividends |
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(132 |
) |
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(138 |
) |
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(396 |
) |
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(414 |
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Net income applicable to common stockholders |
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$ |
149,468 |
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$ |
100,588 |
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$ |
248,052 |
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$ |
186,889 |
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Denominator |
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Basic weighted average common shares |
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671,680 |
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669,194 |
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670,953 |
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646,312 |
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Dilutive units |
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5,192 |
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2,744 |
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5,578 |
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3,221 |
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Diluted weighted average common shares |
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676,872 |
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671,938 |
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676,531 |
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649,533 |
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Basic income per share: |
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Income from continuing operations |
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$ |
0.22 |
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$ |
0.13 |
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$ |
0.64 |
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$ |
0.23 |
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Income (loss) from discontinued operations |
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— |
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0.02 |
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(0.27 |
) |
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0.06 |
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Basic earnings per common share |
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$ |
0.22 |
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$ |
0.15 |
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$ |
0.37 |
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$ |
0.29 |
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Diluted income per common share |
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Income from continuing operations |
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$ |
0.22 |
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$ |
0.13 |
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$ |
0.64 |
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$ |
0.23 |
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Income (loss) from discontinued operations |
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— |
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0.02 |
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(0.27 |
) |
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0.06 |
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Diluted earnings per common share |
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$ |
0.22 |
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$ |
0.15 |
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$ |
0.37 |
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$ |
0.29 |
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