Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2022

Earnings Per Share [Abstract]

Computation Of Basic And Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share for the three months ended March 31, 2022 and 2021 (in thousands, except per share data):

	Three Months Ended March 31,
	2022		2021
Net income	$	173,549	$	173,015
Preferred dividends		9,320		8,289
Net income available to common shareholders	$	164,229	$	164,726
Shares for basic and diluted calculation:
Average shares used in basic computation		109,205		107,746
Dilutive effect of stock options and units (1)		8,935		10,129
Average shares used in diluted computation		118,140		117,875
Earnings per common share:
Basic	$	1.50	$	1.53
Diluted	$	1.39	$	1.40

(1)Diluted earnings per share is computed on the basis of the weighted-average number of shares of common stock plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Diluted earnings per share include units.