Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2023

Schedule of Reconciliation of the Numerators and Denominators Used in the Basic and Diluted Per-Share Computations

A reconciliation of the numerators and denominators used in the basic and diluted per-share computations is presented as follows for each class of common stock:


	Three months ended June 30,
	2023					2022
(dollars in thousands, except per share data)	Allocated net income (numerator)		Weighted shares (denominator)	Per-share amount		Allocated net income (numerator)		Weighted shares (denominator)	Per-share amount
Class A – Basic EPS:
Income available to Class A stockholders	$	116,887	46,189,026	$	2.53	$	79,491	46,188,845	$	1.72
Dilutive effect of stock-based awards	0		10,148	—		0		6,494	—
Assumed conversion of Class B shares	965		6,100,800	—		656		6,100,800	—
Class A – Diluted EPS:
Income available to Class A stockholders on Class A equivalent shares	$	117,852	52,299,974	$	2.25	$	80,147	52,296,139	$	1.53
Class B – Basic and diluted EPS:
Income available to Class B stockholders	$	965	2,542	$	380	$	656	2,542	$	258



	Six months ended June 30,
	2023					2022
(dollars in thousands, except per share data)	Allocated net income (numerator)		Weighted shares (denominator)	Per-share amount		Allocated net income (numerator)		Weighted shares (denominator)	Per-share amount
Class A – Basic EPS:
Income available to Class A stockholders	$	202,422	46,188,923	$	4.38	$	147,548	46,188,803	$	3.19
Dilutive effect of stock-based awards	0		8,575	—		0		8,718	—
Assumed conversion of Class B shares	1,671		6,100,800	—		1,218		6,100,800	—
Class A – Diluted EPS:
Income available to Class A stockholders on Class A equivalent shares	$	204,093	52,298,298	$	3.90	$	148,766	52,298,321	$	2.84
Class B – Basic and diluted EPS:
Income available to Class B stockholders	$	1,671	2,542	$	657	$	1,218	2,542	$	479