Earnings Per Share (Tables)

12 Months Ended

Dec. 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:

	Year Ended December 31,
	2019			2018			2017
Numerator:
Net income	$	180,576		$	137,065		$	123,486
Less:  income allocable to participating securities		(81	)		(159	)		(315	)
Income allocable to common shares	$	180,495		$	136,906		$	123,171
Add back:  undistributed earnings allocable to participating securities		81			159			315
Less:  undistributed earnings reallocated to participating securities		(80	)		(156	)		(310	)
Numerator for diluted earnings per share	$	180,496		$	136,909		$	123,176
Denominator:
Basic weighted average shares outstanding		57,561			57,711			57,839
Dilutive effect of unvested restricted stock		834			871			951
Diluted weighted average shares outstanding		58,395			58,582			58,790
Earnings per share:
Basic	$	3.14		$	2.37		$	2.13
Diluted	$	3.09		$	2.34		$	2.10