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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Computation Of Basic And Diluted Earnings Per Share
The following table summarizes the Company’s computation of basic and diluted earnings per share (EPS) for the three months ended March 31, 2017 and 2016 (amounts in thousands except per share information):
 
Three Months Ended March 31, 2017
 
Income
(numerator)
 
Shares
(denominator)
 
Per Share
Amount
Basic EPS:
 
 
 
 
 
Income from continuing operations
$
53,916

 
 
 
 
Less: preferred dividend requirements
(5,952
)
 
 
 
 
Net income available to common shareholders
$
47,964

 
64,033

 
$
0.75

Diluted EPS:
 
 
 
 
 
Net income available to common shareholders
$
47,964

 
64,033

 
 
Effect of dilutive securities:
 
 
 
 
 
Share options

 
69

 
 
Net income available to common shareholders
$
47,964

 
64,102

 
$
0.75


 
Three Months Ended March 31, 2016
 
Income
(numerator)
 
Shares
(denominator)
 
Per Share
Amount
Basic EPS:
 
 
 
 
 
Income from continuing operations
$
54,180

 
 
 
 
Less: preferred dividend requirements
(5,952
)
 
 
 
 
Net income available to common shareholders
$
48,228

 
62,664

 
$
0.77

Diluted EPS:
 
 
 
 
 
Net income available to common shareholders
$
48,228

 
62,664

 
 
Effect of dilutive securities:
 
 
 
 
 
Share options

 
80

 
 
Net income available to common shareholders
$
48,228

 
62,744

 
$
0.77