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Net Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Schedule of reconciliation of basic and diluted net income per share
The following table sets forth the reconciliation of basic and diluted net earnings per share:

Year Ended December 31, 2021Year Ended December 31, 2020Year Ended December 31, 2019
(in thousands, except share and per share amounts)
Basic earnings per share:
Numerator
Net income $436,632 $516,264 $587,121 
Preferred stock dividends(28,473)(15,375)(11,958)
Net income available to common stockholders$408,159 $500,889 $575,163 
Denominator
Weighted-average common shares outstanding 114,050,578 113,684,782 111,895,433 
Basic earnings per share $3.58 $4.41 $5.14 
Diluted earnings per share:
Numerator
Net income $436,632 $516,264 $587,121 
Preferred stock dividends(28,473)(15,375)(11,958)
Net income available to common stockholders$408,159 $500,889 $575,163 
Denominator
Number of shares used in basic computation 114,050,578113,684,782111,895,433
Weighted-average effect of dilutive securities 395,515329,2391,190,890
Number of shares used in per share computation 114,446,093114,014,021113,086,323
Diluted earnings per share $3.57 $4.39 $5.09