Net Income Per Common Share (Tables)

9 Months Ended

Sep. 30, 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				Nine Months Ended
	September 30,				September 30,
	2019		2018		2019		2018
Numerator:
Net Income	$	91,339	$	83,046	$	267,572	$	213,266
Denominator:
Weighted average number of common shares outstanding		50,746		52,039		51,111		52,002
Effect of outstanding share-based awards		383		942		457		974
Weighted average number of shares for diluted net income per common share		51,129		52,981		51,568		52,976
Basic earnings per share	$	1.80	$	1.60	$	5.24	$	4.10
Diluted earnings per share	$	1.79	$	1.57	$	5.19	$	4.03