| 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 September 30, | | Nine Months Ended September 30, | (Dollars in thousands) | | | 2026 | | | 2025 | | | 2026 | | | 2025 | Numerator: | | | | | | | | | | | | | Net income allocated to: | | | | | | | | | | | | | Common stockholders | | $ | 344,128 | | $ | 70,506 | | $ | 924,962 | | $ | 181,670 | Participating securities | | | 110 | | | 40 | | | 344 | | | 87 | | | $ | 344,238 | | $ | 70,546 | | $ | 925,306 | | $ | 181,757 | | | | | | | | | | | | | | Denominator: | | | | | | | | | | | | | Weighted-average common shares outstanding, basic | | | 49,518,848 | | | 49,348,406 | | | 49,489,239 | | | 49,326,459 | Dilutive effect of stock options | | | 21,189 | | | 93,319 | | | 30,337 | | | 83,454 | Dilutive effect of performance-based restricted stock units | | | 261,669 | | | 70,585 | | | 236,779 | | | 47,374 | Dilutive effect of restricted stock units | | | 103,848 | | | 93,900 | | | 97,743 | | | 80,031 | Weighted-average common shares outstanding, diluted | | | 49,905,554 | | | 49,606,210 | | | 49,854,098 | | | 49,537,318 |
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