Net Income per Share (Tables)

3 Months Ended

Mar. 31, 2020

The computation of the Company's basic and diluted net income per share is as follows:



		Three months ended March 31,
		2020			2019
	(In thousands, except per share data)
Numerator for basic and diluted income per common share:
Net income		$	22,328		$	31,643
Less: Net income allocated to unvested participating restricted stock		(748		)	(1,111		)
Net income available to common stockholders - basic		21,580			30,532
Effect of unvested participating restricted stock in two-class calculation		4			12
Net income available to common stockholders - diluted		$	21,584		$	30,544
Denominator:
Weighted average outstanding shares of common stock - basic		16,263			17,343
Dilutive effect of stock options		207			347
Weighted average outstanding shares of common stock - diluted		16,470			17,690
Net income per common share:
Basic		$	1.33		$	1.76
Diluted		$	1.31		$	1.73