Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2019

Earnings Per Share [Abstract]

Computation of Basic and Diluted Net Earnings Per Share

The following is a reconciliation of net income and the shares of common stock used in the computation of basic and diluted earnings per share:  

	Three Months Ended March 31,
	2019			2018
Numerator:
Net income	$	47,282		$	41,160
Less:  income allocable to participating securities		(55	)		(100	)
Income allocable to common shares	$	47,227		$	41,060
Add back:  undistributed earnings allocable to participating securities	$	55		$	100
Less:  undistributed earnings reallocated to participating securities		(54	)		(98	)
Numerator for diluted earnings per share	$	47,228		$	41,062
Denominator:
Basic weighted average shares outstanding		57,357,490			57,793,023
Dilutive effect of unvested restricted stock		958,664			945,709
Diluted weighted average shares outstanding		58,316,154			58,738,732
Earnings per share:
Basic	$	0.82		$	0.71
Diluted	$	0.81		$	0.70