Annual report pursuant to Section 13 and 15(d)

EARNINGS PER SHARE (Tables)

v3.22.4
EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Reconciliation of the Denominators of the Basic and Diluted EPS Computations

The following table presents basic and diluted EPS calculations for the years ended December 31, (in thousands except per share data):

    

2022

    

2021

    

2020

Net Income:

 

  

 

  

 

  

Net income

$

234,510

$

263,917

$

158,228

Less: Preferred Stock Dividends

11,868

11,868

5,658

Net income available to common shareholders

$

222,642

$

252,049

$

152,570

Weighted average shares outstanding, basic

 

74,949

 

77,400

 

78,859

Dilutive effect of stock awards

 

4

 

18

 

17

Weighted average shares outstanding, diluted

 

74,953

 

77,418

 

78,876

Earnings per common share, basic

$

2.97

$

3.26

$

1.93

Earnings per common share, diluted

$

2.97

$

3.26

$

1.93