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Earnings Per Common Share (Tables)
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Reconciliation of Weighted-Average Common Shares Outstanding Used in Calculation of Basic EPS to Diluted EPS
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, 2019 and 2018, 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,
 
2019
 
2018
 
2019
 
2018
Numerator:
 
 
 
 
 
 
 
Net income
$
19,698

 
$
13,267

 
$
35,751

 
$
27,874

Less: Net income allocated to participating securities
(79
)
 
(96
)
 
(165
)
 
(198
)
Numerator for basic and diluted earnings available to common stockholders
$
19,619

 
$
13,171

 
$
35,586

 
$
27,676

Denominator:
 
 
 
 
 
 
 
Weighted-average basic common shares outstanding
94,036

 
76,374

 
91,039

 
75,941

Weighted-average diluted common shares outstanding
94,036

 
76,374

 
91,039

 
75,941

 
 
 
 
 
 
 
 
Earnings per common share, basic
$
0.21

 
$
0.17

 
$
0.39

 
$
0.36

Earnings per common share, diluted
$
0.21

 
$
0.17

 
$
0.39

 
$
0.36