EARNINGS PER SHARE

12 Months Ended

Dec. 31, 2023

Earnings Per Share [Abstract]

EARNINGS PER SHARE

EARNINGS PER SHARE

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

	For the years ended December 31,
	2023		2022		2021
Numerator for basic and diluted earnings per share:
Net income	$	377,856	$	411,744	$	203,247
Denominator:
Weighted basic shares outstanding	54,071		54,223		54,514
Dilutive effect of equity-based compensation awards	311		264		247
Weighted dilutive shares outstanding	54,382		54,487		54,761
Basic earnings per share	$	6.99	$	7.59	$	3.73
Diluted earnings per share	$	6.95	$	7.56	$	3.71

The Company included all outstanding performance awards and restricted stock awards in the calculation of diluted earnings per share except for as shown in the table below:

	For the years ended December 31,
	2023	2022	2021
Antidilutive restricted stock awards	12,247	10,250	67,981
Performance stock awards for which performance criteria was not attained at reporting date	88,876	—	14,237