EARNINGS PER SHARE

The following presents the computation of basic earnings per share (in thousands, except per share amounts):



	Three Months Ended June 30,				Six Months Ended June 30,
	2018		2017		2018		2017
Basic: ⁽¹⁾
Net income	$	15,975	$	16,342	$	39,267	$	32,980
Weight average common shares	45,650		37,895		45,578		37,895
Basic earnings per share	$	0.35	$	0.43	$	0.86	$	0.87
(1) We have adjusted the share and per share information to reflect the 36-to-1 split of our common stock, which occurred In November 2017.

The following computation reconciles the differences between the basic and diluted earnings per share presentations (in thousands, except per share amounts):



	Three Months Ended June 30,				Six Months Ended June 30,
	2018		2017		2018		2017
Diluted: ⁽¹⁾
Net income	$	15,975	$	16,342	$	39,267	$	32,980
Weighted average common shares - basic	45,650		37,895		45,578		37,895
Dilutive effect of stock options and restricted stock units	2,346		1,092		2,179		1,088
Weighted average common shares - diluted	47,996		38,987		47,757		38,983
Diluted earnings per share	$	0.33	$	0.42	$	0.82	$	0.85
(1) We have adjusted the share and per share information to reflect the 36-to-1 split of our common stock, which occurred in November 2017.

Potential common shares that would have the effect of increasing diluted earnings per share or decreasing diluted loss per share are considered to be anti-dilutive and as such, we do not include these shares in calculating "Diluted earnings per share." For the three and six months ended June 30, 2018 and 2017, there were no potential common shares excluded from the calculation of diluted earnings per share because their effect was anti-dilutive.