Net Income Per Common Share (Tables)

9 Months Ended

Sep. 30, 2020

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,
	2020		2019		2020		2019
Numerator:
Net Income	$	33,662	$	91,339	$	37,935	$	267,572
Denominator:
Weighted average number of common shares outstanding		50,181		50,746		50,199		51,111
Effect of outstanding share-based awards		441		383		246		457
Weighted average number of shares for diluted net income per common share		50,622		51,129		50,445		51,568
Basic earnings per share	$	0.67	$	1.80	$	0.76	$	5.24
Diluted earnings per share	$	0.66	$	1.79	$	0.75	$	5.19