EARNINGS PER SHARE (Notes)

9 Months Ended

Sep. 30, 2020

EARNINGS PER SHARE

Basic EPS is based on net income and is calculated based upon the daily weighted-average number of common shares outstanding during the periods presented. Also, this calculation includes fully vested stock awards that have not yet been issued as common stock. Diluted EPS includes basic EPS, plus unvested stock awards granted under our compensation plans, but only to the extent these instruments dilute earnings per share.

The following tables set forth the computation of basic and diluted EPS from continuing operations for the periods indicated:


	Three Months Ended September 30, 2020
	Income		Shares	Per Share Amount
	(Thousands, except per share amounts)
Basic EPS Calculation
Net income available for common stock	$	21,079	53,190	$	0.40
Diluted EPS Calculation
Effect of dilutive securities	—		218
Net income available for common stock and common stock equivalents	$	21,079	53,408	$	0.39


	Three Months Ended September 30, 2019
	Income		Shares	Per Share Amount
	(Thousands, except per share amounts)
Basic EPS Calculation
Net income available for common stock	$	17,457	52,933	$	0.33
Diluted EPS Calculation
Effect of dilutive securities	—		334
Net income available for common stock and common stock equivalents	$	17,457	53,267	$	0.33


	Nine Months Ended September 30, 2020
	Income		Shares	Per Share Amount
	(Thousands, except per share amounts)
Basic EPS Calculation
Net income available for common stock	$	138,081	53,084	$	2.60
Diluted EPS Calculation
Effect of dilutive securities	—		229
Net income available for common stock and common stock equivalents	$	138,081	53,313	$	2.59


	Nine Months Ended September 30, 2019
	Income		Shares	Per Share Amount
	(Thousands, except per share amounts)
Basic EPS Calculation
Net income available for common stock	$	135,587	52,883	$	2.56
Diluted EPS Calculation
Effect of dilutive securities	—		346
Net income available for common stock and common stock equivalents	$	135,587	53,229	$	2.55