Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2023

The following table sets forth the computation of basic and diluted income (loss) per share (in thousands, except per share amounts):


	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Net income (loss)	$	64,808	$	(5,024)	$	90,940	$	(30,961)
Preferred dividends and accretion	12,784		12,182		25,268		23,788
Net income (loss) to common shareholders	$	52,024	$	(17,206)	$	65,672	$	(54,749)
Basic:
Weighted average shares	150,919		150,203		150,763		149,246
Income (loss) per share	$	0.34	$	(0.11)	$	0.44	$	(0.37)
Diluted:
Effect of restricted stock and performance awards	1,210		—		1,207		—
Weighted average shares	152,129		150,203		151,970		149,246
Income (loss) per share	$	0.34	$	(0.11)	$	0.43	$	(0.37)