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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 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 and six months ended June 30, 2017 and 2016 (amounts in thousands except per share information):
 
Three Months Ended June 30, 2017
 
Six Months Ended June 30, 2017
 
Income
(numerator)
 
Shares
(denominator)
 
Per Share
Amount
 
Income
(numerator)
 
Shares
(denominator)
 
Per Share
Amount
Basic EPS:
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations
$
80,535

 
 
 
 
 
$
134,451

 
 
 
 
Less: preferred dividend requirements
(5,952
)
 
 
 
 
 
(11,904
)
 
 
 
 
Net income available to common shareholders
$
74,583

 
73,159

 
$
1.02

 
$
122,547

 
68,621

 
$
1.79

Diluted EPS:
 
 
 
 
 
 
 
 
 
 
 
Net income available to common shareholders
$
74,583

 
73,159

 
 
 
$
122,547

 
68,621

 
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
Share options

 
66

 
 
 

 
68

 
 
Net income available to common shareholders
$
74,583

 
73,225

 
$
1.02

 
$
122,547

 
68,689

 
$
1.78


 
Three Months Ended June 30, 2016
 
Six Months Ended June 30, 2016
 
Income
(numerator)
 
Shares
(denominator)
 
Per Share
Amount
 
Income
(numerator)
 
Shares
(denominator)
 
Per Share
Amount
Basic EPS:
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations
$
55,135

 
 
 
 
 
$
109,315

 
 
 
 
Less: preferred dividend requirements
(5,952
)
 
 
 
 
 
(11,904
)
 
 
 
 
Net income available to common shareholders
$
49,183

 
63,592

 
$
0.77

 
$
97,411

 
63,128

 
$
1.54

Diluted EPS:
 
 
 
 
 
 
 
 
 
 
 
Net income available to common shareholders
$
49,183

 
63,592

 
 
 
$
97,411

 
63,128

 
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
Share options

 
86

 
 
 

 
85

 
 
Net income available to common shareholders
$
49,183

 
63,678

 
$
0.77

 
$
97,411

 
63,213

 
$
1.54