EARNINGS PER SHARE

The following are computations of basic and diluted earnings per share (in thousands except for per share amounts):



	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2018		2017		2018		2017
Numerator for basic and diluted earnings per share:
Net income	$	30,747	$	25,880	$	18,116	$	4,487

Denominator:
Basic shares outstanding	56,410		57,190		56,304		57,226
Dilutive effect of equity-based compensation awards	95		146		95		123
Dilutive shares outstanding	56,505		57,336		56,399		57,349

Basic income per share:	$	0.55	$	0.45	$	0.32	$	0.08

Diluted income per share:	$	0.54	$	0.45	$	0.32	$	0.08

For the three months ended June 30, 2018 and June 30, 2017, the dilutive effect of all then outstanding restricted stock and performance awards is included in the EPS calculation above except for 146,159 and 142,503 of performance stock awards for which the performance criteria were not attained at that time and 136,155 and 14,699, respectively, of restricted stock awards which were antidilutive at that time.

For the six months ended June 30, 2018 and June 30, 2017, the dilutive effect of all then outstanding restricted stock and performance awards is included in the EPS calculation above except for 146,159 and 142,503 of performance stock awards for which the performance criteria were not attained at that time and 130,932 and 21,013, respectively, of restricted stock awards which were antidilutive at that time.