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EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share of common stock as follows:
 
 
For the Years Ended December 31,
 
 
2019
 
2018
 
2017
Numerator for basic and diluted earnings per share:
 
 
 
 
 
 
Net income
 
$
261,057

 
$
240,256

 
$
72,760

Numerator for basic and diluted earnings per share
 
$
261,057

 
$
240,256

 
$
72,760

 
 
 
 
 
 
 
Denominator:
 
 

 
 

 
 
Weighted average common shares for basic earnings per share
 
54,719,414

 
53,622,989

 
52,077,011

Net effect of dilutive stock options, restricted stock units and restricted stock awards
 
2,948,375

 
3,049,687

 
2,907,162

Weighted average common shares for diluted earnings per share
 
57,667,789

 
56,672,676

 
54,984,173

 
 
 
 
 
 
 
Net Income per share:
 
 

 
 

 
 
Basic
 
$
4.77

 
$
4.48

 
$
1.40

Diluted
 
$
4.53

 
$
4.24

 
$
1.32