Annual report [Section 13 and 15(d), not S-K Item 405]

EARNINGS PER SHARE (Tables)

v3.25.0.1
EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2024
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):

​

​

​

​

​

​

​

​

​

​

​

​

    

2024

    

2023

    

2022

Net Income:

 

​

  

 

​

  

 

​

  

Net income

​

$

209,131

​

$

201,818

​

$

234,510

Less: Preferred Stock Dividends

​

​

11,868

​

​

11,868

​

​

11,868

Net income available to common shareholders

​

$

197,263

​

$

189,950

​

$

222,642

​

​

​

​

​

​

​

​

​

​

Weighted average shares outstanding, basic

​

 

86,150

​

 

74,961

​

 

74,949

Dilutive effect of stock awards and equity forward contracts

​

 

1,759

​

 

1

​

 

4

Weighted average shares outstanding, diluted

​

 

87,909

​

 

74,962

​

 

74,953

​

​

​

​

​

​

​

​

​

​

Earnings per common share, basic

​

$

2.29

​

$

2.53

​

$

2.97

Earnings per common share, diluted

​

$

2.24

​

$

2.53

​

$

2.97

​