EARNINGS PER SHARE

3 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

EARNINGS PER SHARE

EARNINGS PER SHARE

Basic and diluted earnings per common share were calculated as follows (in thousands, except per share amounts):

	Three Months Ended March 31,
	2020		2019
Basic weighted average number of shares outstanding	38,085		38,215
Effect of dilutive securities:
Unvested restricted stock	732		634
Diluted average shares outstanding	38,817		38,849
Net earnings	$	71,152	$	25,412
Basic earnings per share	$	1.87	$	0.66
Diluted earnings per share	$	1.83	$	0.65