XML 82 R71.htm IDEA: XBRL DOCUMENT v3.21.2
Earnings per Common Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Numerator:        
Net income $ 72,840 $ 171,028 $ 854,248 $ 447,990
Preferred stock dividends 1,166 2,058 3,559 8,000
Net income attributable to SLM Corporation common stock 71,674 168,970 850,689 439,990
Net income attributable to SLM Corporation common stock $ 71,674 $ 168,970 $ 850,689 $ 439,990
Denominator:        
Weighted average shares used to compute basic EPS (in shares) 299,890,000 375,094,000 324,148,000 386,587,000
Effect of dilutive securities:        
Dilutive effect of stock options, restricted stock, restricted stock units, performance stock units and Employee Stock Purchase Plan (“ESPP”) (in shares) 4,621,000 2,824,000 4,916,000 2,804,000
Weighted average shares used to compute diluted EPS (in shares) 304,511,000 377,918,000 329,064,000 389,391,000
Basic earnings per common share attributable to SLM Corporation (in dollars per share) $ 0.24 $ 0.45 $ 2.62 $ 1.14
Diluted earnings per common share attributable to SLM Corporation (in dollars per share) $ 0.24 $ 0.45 $ 2.59 $ 1.13
Antidilutive securities excluded from computation of earnings per share (in shares) 1,000,000 2,000,000 1,000,000 0