Net Income Per Common Share (Tables)

12 Months Ended

Dec. 31, 2019

Basic and diluted net income per common share

Basic and diluted net income per common share calculations are as follows for the periods presented:



	Year Ended December 31,
	2019		2018		2017
Basic
Net income applicable to common stock	$	167,596	$	146,920	$	92,188
Average common shares outstanding	58,046,716		52,492,104		46,874,502
Net income per common share—basic	$	2.89	$	2.80	$	1.97
Diluted
Net income applicable to common stock	$	167,596	$	146,920	$	92,188
Average common shares outstanding	58,046,716		52,492,104		46,874,502
Effect of dilutive stock-based compensation	179,970		134,746		127,014
Average common shares outstanding—diluted	58,226,686		52,626,850		47,001,516
Net income per common share—diluted	$	2.88	$	2.79	$	1.96

Schedule of potentially dilutive securities excluded from computation of earnings per share

Outstanding stock-based compensation awards that could potentially dilute basic net income per common share in the future that were not included in the computation of diluted net income per common share due to their anti-dilutive effect were as follows for the periods presented:



	Year Ended
	December 31,
	2019	2018	2017
Number of shares	643	73,257	77,545
Range of exercise prices (for stock option awards)	—	—	—