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EARNINGS PER SHARE
 12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
The following table sets forth the computation of basic and diluted earnings per share:
 
Year Ended December 31,
 
2019
 
2018
 
2017
Numerator:
 
 
 
 
 
Net income
$
293,109

 
$
287,066

 
$
247,503

Denominator:
 
 
 
 
 
Basic weighted average shares outstanding
61,960

 
64,886

 
65,739

Effect of dilutive securities - Stock options and awards
698

 
796

 
904

Diluted weighted average shares outstanding
62,658

 
65,682

 
66,643

Basic earnings per share
$
4.73

 
$
4.42

 
$
3.76

Diluted earnings per share
$
4.68

 
$
4.37

 
$
3.71


For the years ended December 31, 2019, 2018 and 2017, common shares subject to equity-based awards of 524,110, 324,688 and 157,033, respectively, were excluded from the computation of diluted earnings per share because the effect of their exercise would be anti-dilutive.