Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Details)

v3.23.3
Earnings Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Earnings Per Share [Abstract]        
Net income $ 306,192 $ 277,612 $ 326,829 $ 490,462
Dividends on preferred stock (12,115) (13,747) (36,595) (41,242)
Gain on repurchase and retirement of preferred stock 0 0 2,454 0
Dividends and undistributed earnings allocated to participating restricted stock units (1,895) (1,383) (1,936) (2,225)
Net income attributable to common stockholders, basic $ 292,182 $ 262,482 $ 290,752 $ 446,995
Weighted average basic common shares (in shares) 96,176,287 86,252,104 95,059,856 86,107,979
Basic earnings per weighted average common share $ 3.04 $ 3.04 $ 3.06 $ 5.19
Reallocation impact of undistributed earnings to participating restricted stock units $ 117 $ 70 $ 5 $ (18)
Interest expense attributable to convertible notes 4,636 4,877 14,164 14,720
Net income attributable to common stockholders, diluted $ 296,935 $ 267,429 $ 304,921 $ 461,697
Effect of dilutive shares issued in an assumed vesting of performance share units (in shares) 241,752 140,833 316,447 157,200
Effect of dilutive shares issued in an assumed conversion (in shares) 9,210,091 9,739,163 9,472,715 9,855,665
Weighted average diluted common shares (in shares) 105,628,130 96,132,100 104,849,018 96,120,844
Diluted earnings per weighted average common share $ 2.81 $ 2.78 $ 2.91 $ 4.80