Net Income Per Common Share (Tables)

6 Months Ended

Jun. 30, 2018

Net Income Per Common Share

Schedule of net income per common share

The calculation of the weighted average number of shares of common stock outstanding for Basic EPS and Diluted EPS for the periods indicated (in thousands, except per share data) is as follows:

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2018		2017		2018		2017
Numerator:
Net Income	$	75,859	$	50,477	$	130,220	$	85,263
Denominator:
Weighted average number of common shares outstanding		52,046		51,751		51,983		51,785
Effect of outstanding share-based awards		867		1,226		990		1,305
Weighted average number of shares for diluted net income per common share		52,913		52,977		52,973		53,090
Basic earnings per share	$	1.46	$	0.98	$	2.51	$	1.65
Diluted earnings per share	$	1.43	$	0.95	$	2.46	$	1.61