Earnings Per Share

3 Months Ended

Mar. 31, 2021

Earnings Per Share [Abstract]

Earnings Per Share

Note 10 – Earnings Per Share

The computation of basic and diluted earnings per share is as follows:

	Three Months Ended March 31,
(in thousands, except per share amounts)	2021		2020
Numerator
Net income attributable to the Company	$	233,616	$	63,204
Denominator
Basic weighted-average shares		111,113		113,556
Effect of dilutive restricted stock units (“RSUs”)		301		403
Diluted weighted-average shares		111,414		113,959
Net income per share attributable to the Company’s stockholders
Basic	$	2.10	$	0.56
Diluted	$	2.10	$	0.55

For the three months ended March 31, 2021 and 2020, 219 thousand and 192 thousand RSUs, respectively, were excluded from diluted weighted-average common shares outstanding due to their antidilutive effect.