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Earnings Per Common Share
 12 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Earnings Per Common Share
EARNINGS PER COMMON SHARE
The following table presents the calculation of basic and diluted EPS for the Company’s common stock for the years ended December 31, 2018, 2017 and 2016, 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 for the years ended December 31, 2018, 2017 and 2016 (amounts in thousands, except per share amounts):
 
 
Year Ended December 31,
 
2018
 
2017
 
2016
Numerator:
 
 
 
 
 
Net income
$
57,923

 
$
25,874

 
$
29,353

Less: Net income allocated to participating securities
(364
)
 
(354
)
 
(260
)
Numerator for basic and diluted earnings available to common stockholders
$
57,559

 
$
25,520

 
$
29,093

Denominator:
 
 
 
 
 
Weighted-average basic common shares outstanding
79,386

 
72,647

 
56,030

Weighted-average diluted common shares outstanding
79,392

 
72,647

 
56,030

 
 
 
 
 
 
Earnings per common share, basic
$
0.73

 
$
0.35

 
$
0.52

Earnings per common share, diluted
$
0.72

 
$
0.35

 
$
0.52


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 share for the years ended December 31, 2018, 2017 and 2016 when their inclusion would have been anti-dilutive.