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Net Income Per Common Share (Tables)
 3 Months Ended
Mar. 31, 2019
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

 

 

 

March 31,

 

 

 

 

2019

    

2018

    

 

Numerator:

 

 

 

 

 

 

 

 

Net Income

 

$

88,181

 

$

54,362

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

Weighted average number of common shares outstanding

 

 

51,440

 

 

51,921

 

 

Effect of outstanding share-based awards

 

 

658

 

 

1,112

 

 

Weighted average number of shares for diluted net income per common share

 

 

52,098

 

 

53,033

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share

 

$
1.71

 

$

1.05

 

 

Diluted earnings per share

 

$
1.69

 

$

1.03