EARNINGS PER COMMON SHARE

The following table presents the calculation of basic and diluted EPS for the Company’s common stock for the three and six months ended June 30, 2018 and 2017, and reconciles the weighted-average common shares outstanding used in the calculation of basic EPS to the weighted-average common shares outstanding used in the calculation of diluted EPS (amounts in thousands, except per share amounts):



	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2018			2017			2018			2017
Numerator:
Net income	$	13,267		$	2,030		$	27,874		$	12,311
Less: Net income allocated to participating securities	(96		)	(91		)	(198		)	(193		)
Numerator for basic and diluted earnings available to common stockholders	$	13,171		$	1,939		$	27,676		$	12,118
Denominator:
Weighted-average basic common shares outstanding	76,374			72,564			75,941			69,773
Weighted-average diluted common shares outstanding	76,374			72,564			75,941			69,773

Earnings per common share, basic	$	0.17		$	0.03		$	0.36		$	0.17
Earnings per common share, diluted	$	0.17		$	0.03		$	0.36		$	0.17

The Company’s unvested restricted shares associated with its incentive award plan and unvested restricted shares issued to employees of Ensign at the Spin-Off have been excluded from the above calculation of earnings per diluted share for the three and six months ended June 30, 2018 and 2017, as their inclusion would have been anti-dilutive.