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Note 27 - Earnings Per Share - Reconciliation of Earnings (Loss) and the Weighted Average Number of Shares (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Net income available to the Company's common shareholders $ 629,252 $ 100,758 $ 818,643
Change in estimated redemption value of redeemable noncontrolling interests 2,323 0 2,304
Earnings attributable to participating securities (2,819) (2,182) (5,346)
Net income available to the Company’s common shareholders for basic earnings per share 628,756 98,576 815,601
Distributions on convertible units 53 0 3,087
Net income available to the Company’s common shareholders for diluted earnings per share $ 628,809 $ 98,576 $ 818,688
Weighted average common shares outstanding – basic (in shares) 616,947 615,528 506,248
Equity awards (in shares) [1] 1,132 2,283 2,422
Assumed conversion of convertible units (in shares) [1] 120 47 2,715
Weighted average common shares outstanding – diluted (in shares) [1] 618,199 617,858 511,385
Basic earnings per share (in dollars per share) $ 1.02 $ 0.16 $ 1.61
Diluted earnings per share (in dollars per share) $ 1.02 $ 0.16 $ 1.6
[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 stock options that were not dilutive as of December 31, 2022.