Earnings per Share

3 Months Ended

Mar. 31, 2018

EARNINGS PER SHARE

Basic earnings per share (EPS) is based on the weighted average number of common shares outstanding for the period, excluding any dilutive common share equivalents. Diluted EPS reflects the potential dilution resulting from vesting of restricted stock awards. The following table shows the computation of basic and diluted EPS for the three-month periods ended March 31, 2018 and 2017, respectively:



	Three Months Ended March 31,
	2018		2017
Numerator:
Net income attributable to common stockholders	$	8,369	$	3,899

Denominator:
Weighted-average shares outstanding	42,581,939		21,471,185
Effect of dilutive securities	166,688		217,548
Weighted-average diluted shares	42,748,627		21,688,733

Basic earnings per share	$	0.20	$	0.18
Diluted earnings per share	$	0.20	$	0.18

See Note 16 for additional information on the stock grants related to dilutive securities.