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EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Summary of the Computation of Basic 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.
Summary of the Computation of Diluted Earnings Per Share
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.