EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2023

Basic and diluted earnings per common share (“EPS”) for the nine months ended September 30, 2023 and 2022 were:


	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
	(in thousands, except per share data)
Numerator:
Net income	$	177,025	$	169,349	$	538,980	$	402,424
Denominator:
Weighted average common shares outstanding - basic	61,143		61,693		61,670		61,042
Plus: Dilutive effect of stock options and unvested restricted stock units	472		674		610		798
Weighted average common shares outstanding - diluted	61,615		62,367		62,280		61,840

Net income per common share:
Basic	$	2.90	$	2.75	$	8.74	$	6.59
Diluted	$	2.87	$	2.72	$	8.65	$	6.51