Earnings per Share

3 Months Ended

Mar. 31, 2025

Earnings per Share

Earnings per Share

14. Earnings per Share

For the three months ended March 31, 2025 and 2024, the Company made no adjustments to net income for the purpose of computing earnings per share and there were 184,000 and 115,000 antidilutive securities, respectively. For the three months ended March 31, 2025 and 2024, the computations of basic and diluted earnings per share were as follows:

	Three Months Ended March 31,
(dollars in thousands, except shares and per share amounts)	2025		2024
Numerator:
Net income	$	59,248	$	54,220
Denominator:
Basic: weighted-average shares outstanding		126,281,802		127,707,354
Add: weighted-average equity-based awards		885,130		510,335
Diluted: weighted-average shares outstanding		127,166,932		128,217,689
Basic earnings per share	$	0.47	$	0.42
Diluted earnings per share	$	0.47	$	0.42