Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2019

Basic and diluted earnings per common share (“EPS”) for the three months ended March 31, 2019 and 2018 were:



	Three Months Ended March 31,
	2019		2018
	(in thousands, except per share data)
Numerator:
Net income attributable to common stockholders	$	24,710	$	12,523
Less: Net income allocable to Series A Convertible Preferred stockholders ⁽¹⁾	—		(2,094		)
Remaining net income available to common stockholders - basic and diluted	$	24,710	$	10,429
Denominator:
Weighted average common shares outstanding - basic	73,009		68,705
Plus: dilutive effect of stock options and unvested restricted stock units for both periods and Series A Convertible Preferred in 2018	1,866		2,963
Weighted average common shares outstanding - diluted	74,875		71,668

Net income per common share:
Basic	$	0.34	$	0.15
Diluted	$	0.33	$	0.15

⁽¹⁾Represents the amount which would have been paid to preferred stockholders in the event the Company had declared a dividend on its common stock.