Annual report pursuant to Section 13 and 15(d)

EARNINGS PER SHARE (Tables)

v3.20.4
EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Reconciliation of the Denominators of the Basic and Diluted EPS Computations

The following table presents EPS from continuing operations, discontinued operations and total net income available to common shareholders for the years ended December 31, (in thousands except per share data):

    

2020

    

2019

    

2018

Net Income:

 

  

 

  

 

  

Income from continuing operations

$

158,228

$

193,698

$

149,413

Income (loss) from discontinued operations

 

 

(170)

 

(3,165)

Net income

158,228

193,528

146,248

Preferred Stock Dividends

5,658

Net income available to common shareholders

$

152,570

$

193,528

$

146,248

Weighted average shares outstanding, basic

 

78,859

 

80,201

 

65,859

Dilutive effect of stock awards and warrants

 

17

 

63

 

50

Weighted average shares outstanding, diluted

 

78,876

 

80,264

 

65,909

Basic EPS:

 

  

 

  

 

  

EPS from continuing operations

$

1.93

$

2.41

$

2.27

EPS from discontinued operations

(0.05)

EPS available to common shareholders

$

1.93

$

2.41

$

2.22

Diluted EPS:

 

  

 

  

 

  

EPS from continuing operations

$

1.93

$

2.41

$

2.27

EPS from discontinued operations

(0.05)

EPS available to common shareholders

$

1.93

$

2.41

$

2.22