XML 40 R29.htm IDEA: XBRL DOCUMENT v3.19.2
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 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 and six months ended June 30, 2019 and 2018 (amounts in thousands except per share information):
 
Three Months Ended June 30, 2019
 
Six Months Ended June 30, 2019
 
Income
(numerator)
 
Shares
(denominator)
 
Per Share
Amount
 
Income
(numerator)
 
Shares
(denominator)
 
Per Share
Amount
Basic EPS:
 
 
 
 
 
 
 
 
 
 
 
Net income
$
66,594

 
 
 
 
 
$
131,943

 
 
 
 
Less: preferred dividend requirements
(6,034
)
 
 
 
 
 
(12,068
)
 
 
 
 
Net income available to common shareholders
$
60,560

 
76,164

 
$
0.80

 
$
119,875

 
75,426

 
$
1.59

Diluted EPS:
 
 
 
 
 
 
 
 
 
 
 
Net income available to common shareholders
$
60,560

 
76,164

 
 
 
$
119,875

 
75,426

 
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
Share options

 
35

 
 
 

 
41

 
 
Net income available to common shareholders
$
60,560

 
76,199

 
$
0.79

 
$
119,875

 
75,467

 
$
1.59


 
Three Months Ended June 30, 2018
 
Six Months Ended June 30, 2018
 
Income
(numerator)
 
Shares
(denominator)
 
Per Share
Amount
 
Income
(numerator)
 
Shares
(denominator)
 
Per Share
Amount
Basic EPS:
 
 
 
 
 
 
 
 
 
 
 
Net income
$
91,581

 
 
 
 
 
$
121,119

 
 
 
 
Less: preferred dividend requirements
(6,036
)
 
 
 
 
 
(12,072
)
 
 
 
 
Net income available to common shareholders
$
85,545

 
74,329

 
$
1.15

 
$
109,047

 
74,238

 
$
1.47

Diluted EPS:
 
 
 
 
 
 
 
 
 
 
 
Net income available to common shareholders
$
85,545

 
74,329

 
 
 
$
109,047

 
74,238

 
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
Share options

 
36

 
 
 

 
35

 
 
Net income available to common shareholders
$
85,545

 
74,365

 
$
1.15

 
$
109,047

 
74,273

 
$
1.47