EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Earnings Per Share

The following table presents the Company’s basic earnings per share and shares outstanding (in thousands, except per share data):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Numerator:
Net income	$	38,823	$	35,476	$	103,027	$	64,431
Denominator:
Weighted average number of common shares outstanding	181,884		179,872		180,829		179,841
Earnings per common share:
Earnings per common share, basic	$	0.21	$	0.20	$	0.57	$	0.36

The following table presents the Company’s diluted earnings per share and shares outstanding (in thousands, except per share data):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Numerator:
Net income	$	38,823	$	35,476	$	103,027	$	64,431
Denominator:
Weighted average number of common shares outstanding	181,884		179,872		180,829		179,841
Effect of dilutive securities	1,138		1,558		931		1,214
Weighted average number of common shares outstanding, diluted	183,022		181,430		181,760		181,055
Earnings per common share:
Earnings per common share, diluted	$	0.21	$	0.20	$	0.57	$	0.36