Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

Schedule of Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share for the periods indicated.

	Three Months Ended March 31,
(in thousands, except per share data)	2024		2023
Net income	$	62,631	$	62,300
Dividends on preferred stock	(1,573)		(1,719)
Earnings allocated to participating securities	(345)		(339)
Net income available to common shareholders	$	60,713	$	60,242
Weighted average shares outstanding:
Basic	119,662		115,451
Effect of dilutive securities:
Stock options	81		233
Restricted stock units	—		31
Diluted	119,743		115,715
Net income per common share:
Basic	$	0.51	$	0.52
Diluted	$	0.51	$	0.52