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EARNINGS PER SHARE (Tables)
 9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Summary Of Basic And Diluted Earnings Per Share
Basic and diluted earnings per common share (“EPS”) for the three and nine months ended September 30, 2019 and 2018 were:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2019
 
2018
 
2019
 
2018
 
(in thousands, except per share data)
Numerator:
 

 
 

 
 
 
 
Net income attributable to common stockholders
$
35,676

 
$
6,520

 
$
99,584

 
$
49,469

Less: Net income allocable to Series A Convertible Preferred stockholders (1)
—

 
(1,114
)
 
—

 
(8,319
)
Remaining net income available to common stockholders - basic and diluted
$
35,676

 
$
5,406

 
$
99,584

 
$
41,150

Denominator:
 

 
 

 
 
 
 
Weighted average common shares outstanding - basic
69,097

 
67,821

 
71,003

 
68,223

Plus: dilutive effect of stock options and unvested restricted stock units for both periods and Series A Convertible Preferred Stock in 2018
1,079

 
4,953

 
1,339

 
2,881

Weighted average common shares outstanding - diluted
70,176

 
72,774

 
72,342

 
71,104

 
 
 
 
 
 
 
 
Net income per common share:
 

 
 

 
 
 
 
Basic
$
0.52

 
$
0.08

 
$
1.40

 
$
0.60

Diluted
$
0.51

 
$
0.07

 
$
1.38

 
$
0.58


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