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EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2025
EARNINGS PER SHARE  
Schedule of reconciliation of weighted average shares outstanding

Three months ended

March 31, 

    

2025

    

2024

(in thousands)

Net income available for stockholders

$

12,030

$

27,467

Less: Adjustments for earnings attributable to participating securities

(213)

(423)

Net income used in calculating earnings per share

$

11,817

$

27,044

Weighted average shares outstanding (including participating securities)

 

215,691

 

215,001

Adjustment for participating securities

 

(3,769)

 

(3,310)

Shares used in calculating basic and diluted earnings per share

 

211,922

 

211,691