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Note 18 - Earnings Per Share - Reconciliation of Earnings (Loss) and the Weighted Average Number of Shares (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Net income available to the Company’s common shareholders $ 283,512 $ 230,948
Earnings attributable to participating securities (1,766) (1,360)
Net income available to the Company’s common shareholders for basic earnings per share 281,746 229,588
Distributions on convertible units 1,118 11
Net income available to the Company’s common shareholders for diluted earnings per share $ 281,864 $ 229,599
Weighted average common shares outstanding – basic (in shares) 616,489 614,767
Equity awards (in shares) [1] 584 1,874
Assumed conversion of convertible units (in shares) [1] 2,555 117
Weighted average common shares outstanding – diluted (in shares) [1] 619,628 616,758
Basic earnings per share (in dollars per share) $ 0.46 $ 0.37
Diluted earnings per share (in dollars per share) $ 0.46 $ 0.37
[1] The effect of the assumed conversion of certain convertible units had an anti-dilutive effect upon the calculation of Net income available to the Company's common shareholders per share. Accordingly, the impact of such conversions has not been included in the determination of diluted earnings per share calculations. Additionally, there were 0.3 million, 0 million and 1.2 million stock options that were not dilutive as of December 31, 2022, 2021 and 2020, respectively.