Three Months Ended

June 30,

Six Months Ended

June 30,

2023

2022

2023

2022

Numerator:

Numerator for basic and diluted earnings per share – Net income available to common shareholders

$

98,275

$

110,227

$

188,730

$

202,680

Denominator:

Denominator for basic earnings per share – weighted average shares outstanding

54,460

55,640

54,617

55,788

Effect of dilutive securities – Employee stock options and restricted stock awards

1,644

1,670

1,717

1,822

Denominator for diluted earnings per share – adjusted weighted average shares outstanding and assumed conversions

56,104

57,310

56,334

57,610

Basic earnings per common share

$

1.80

$

1.98

$

3.46

$

3.63

Diluted earnings per common share and common share equivalents

$

1.75

$

1.92

$

3.35

$

3.52