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Earnings Per Share
 6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share amounts):

 
 
Three Months Ended
 
Six Months Ended
 
 
June 30,
 
June 30,
 
 
2020
 
2019
 
2020
 
2019
Numerator:
 
 
 
 
 
 
 
 
Net income
 
$
25,873

 
$
33,048

 
$
58,791

 
$
75,703

 
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
 
Weighted-average common shares for calculating basic earnings per share
 
41,440

 
43,081

 
41,676

 
43,298

Effect of dilutive securities:
 
 
 
 
 
 
 
 
Stock options and restricted stock unit awards
 
91

 
175

 
93

 
158

Weighted-average common shares for calculating diluted earnings per share
 
41,531

 
43,256

 
41,769

 
43,456

 
 
 
 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
 
 
 
Basic
 
$
0.62

 
$
0.77

 
$
1.41

 
$
1.75

Diluted
 
$
0.62

 
$
0.76

 
$
1.41

 
$
1.74