EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Earnings Per Share

Basic and diluted earnings per common share (“EPS”) for the three and nine months ended September 30, 2022 and 2021 were:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
	(in thousands, except per share data)
Numerator:
Net income	$	169,349	$	153,489	$	402,424	$	570,841
Denominator:
Weighted average common shares outstanding - basic	61,693		62,033		61,042		63,695
Plus: Dilutive effect of stock options and unvested restricted stock units	674		1,291		798		1,242
Weighted average common shares outstanding - diluted	62,367		63,324		61,840		64,937
Net income per common share:
Basic	$	2.75	$	2.47	$	6.59	$	8.96
Diluted	$	2.72	$	2.42	$	6.51	$	8.79