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Earnings Per Share
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
The following represents a reconciliation of the numerator and denominator of the basic and diluted earnings per share computations contained in the condensed consolidated financial statements:
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2019
 
2018
 
2019
 
2018
 
(in thousands, except share and per share amounts)
Net income to shareholders
$
20,307

 
$
16,984

 
$
43,035

 
$
32,617

 
 
 
 
 
 
 
 
Weighted average common shares outstanding:
 
 
 
 
 
 
 
Basic
30,246,420

 
29,882,988

 
30,153,426

 
29,823,982

Common share equivalents
442,654

 
410,945

 
427,779

 
419,964

Diluted
30,689,074

 
30,293,933

 
30,581,205

 
30,243,946

 
 
 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
 
 
Basic
$
0.67

 
$
0.57

 
$
1.43

 
$
1.09

Common share equivalents
(0.01
)
 
(0.01
)
 
(0.02
)
 
(0.01
)
Diluted
$
0.66

 
$
0.56

 
$
1.41

 
$
1.08


Common share equivalents relate to our outstanding equity awards (stock options and restricted share units ("RSUs")). For the three and six months ended June 30, 2019, common share equivalents of 9,735 and 170,310 shares, respectively, were excluded from the calculations of diluted earnings per share as their effects were anti-dilutive (182,246 and 187,502 shares in the three and six months ended June 30, 2018, respectively).