Annual report pursuant to Section 13 and 15(d)

EARNINGS PER SHARE (Tables)

v3.24.0.1
EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2023
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):

    

2023

    

2022

    

2021

Net Income:

 

  

 

  

 

  

Net income

$

201,818

$

234,510

$

263,917

Less: Preferred Stock Dividends

11,868

11,868

11,868

Net income available to common shareholders

$

189,950

$

222,642

$

252,049

Weighted average shares outstanding, basic

 

74,961

 

74,949

 

77,400

Dilutive effect of stock awards

 

1

 

4

 

18

Weighted average shares outstanding, diluted

 

74,962

 

74,953

 

77,418

Earnings per common share, basic

$

2.53

$

2.97

$

3.26

Earnings per common share, diluted

$

2.53

$

2.97

$

3.26