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Earnings per Share (Tables)
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings per Share
The following table sets forth the computation of basic and diluted earnings per share for the three and nine month periods ended September 30, 2016 and 2015:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2016
2015
 
2016
2015
Net income
$
25,193

$
20,162

 
$
70,871

$
63,364

Weighted average common shares outstanding for basic earnings per share computation
44,415,213

45,150,104

 
44,505,544

45,223,988

Dilutive effects of stock-based compensation
390,708

428,874

 
379,368

481,636

Weighted average common shares outstanding for diluted earnings per common share computation
44,805,921

45,578,978

 
44,884,912

45,705,624

 
 
 
 
 
 
Basic earnings per common share
$
0.57

$
0.45

 
$
1.59

$
1.40

Diluted earnings per common share
$
0.56

$
0.44

 
$
1.58

$
1.39

 
 
 
 
 
 
Anti-dilutive unvested time restricted stock
135

5,884

 
95,886

5,884