EARNINGS PER SHARE

12 Months Ended

Dec. 31, 2024

Earnings Per Share [Abstract]

EARNINGS PER SHARE

EARNINGS PER SHARE

The reconciliation of the numerators and denominators used to calculate basic EPS and diluted EPS for the years ended December 31, 2024, 2023 and 2022 are as follows:

	December 31,
(In thousands, except share and per share data)	2024		2023		2022
Net Income	$	520,308	$	922,969	$	773,237
Less: Cumulative Dividends on Preferred Stock	—		—		9,803
Less: Premium on Repurchase of Preferred Stock	—		—		35,731
Net Income Attributable to Common Stock	$	520,308	$	922,969	$	727,703
Weighted Average Common Shares Outstanding:
Weighted Average Common Shares Outstanding – Basic	99,852,539		91,483,687		78,557,216
Plus: Dilutive Effect of Restricted Stock, Preferred Stock, Convertible Notes, and Common Stock Warrants	1,415,086		577,260		8,118,149
Weighted Average Common Shares Outstanding – Diluted	101,267,625		92,060,947		86,675,365
Net Income per Common Share:
Basic	$	5.21	$	10.09	$	9.26
Diluted	$	5.14	$	10.03	$	8.92