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Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 2022
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,

 

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

 

 

Net income

 

$

91,930

 

 

$

64,616

 

Denominator:

 

 

 

 

 

 

 

 

Basic weighted average shares outstanding

 

 

58,014

 

 

 

57,740

 

Dilutive effect of unvested restricted stock

 

 

205

 

 

 

654

 

Diluted weighted average shares outstanding

 

 

58,219

 

 

 

58,394

 

Earnings per share:

 

 

 

 

 

 

 

 

Basic

 

$

1.58

 

 

$

1.12

 

Diluted

 

$

1.58

 

 

$

1.11