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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2019
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, 2019 and 2018 (amounts in thousands except per share information):
 
Three Months Ended March 31, 2019
 
 
Income
(numerator)
 
Shares
(denominator)
 
Per Share
Amount
 
Basic EPS:
 
 
 
 
 
 
Net income
$
65,349

 
 
 
 
 
Less: preferred dividend requirements
(6,034
)
 
 
 
 
 
Net income available to common shareholders
$
59,315

 
74,679

 
$
0.79

 
Diluted EPS:
 
 
 
 
 
 
Net income available to common shareholders
$
59,315

 
74,679

 
 
 
Effect of dilutive securities:
 
 
 
 
 
 
Share options

 
46

 
 
 
Net income available to common shareholders
$
59,315

 
74,725

 
$
0.79

 

 
Three Months Ended March 31, 2018
 
 
Income
(numerator)
 
Shares
(denominator)
 
Per Share
Amount
 
Basic EPS:
 
 
 
 
 
 
Net income
$
29,538

 
 
 
 
 
Less: preferred dividend requirements
(6,036
)
 
 
 
 
 
Net income available to common shareholders
$
23,502

 
74,146

 
$
0.32

 
Diluted EPS:
 
 
 
 
 
 
Net income available to common shareholders
$
23,502

 
74,146

 
 
 
Effect of dilutive securities:
 
 
 
 
 
 
Share options

 
34

 
 
 
Net income available to common shareholders
$
23,502

 
74,180

 
$
0.32