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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2019
EARNINGS PER SHARE  
Reconciliation of Basic and Diluted Earnings Per Share

Three Months Ended

September 30, 2019

September 30, 2018

 

Diluted

Basic

Diluted

Basic

Consolidated operations

Income available to common stockholders

$

56,750

$

56,750

$

38,996

$

38,996

Average equivalent shares

Shares of common stock

 

64,010

 

64,010

 

62,378

 

62,378

Effect of dilutive stock-based compensation

Stock options

 

2,367

 

 

2,659

 

Restricted stock

 

325

 

 

92

 

Total average equivalent shares

 

66,702

64,010

65,129

62,378

Net income per share

$

0.85

$

0.89

$

0.60

$

0.63

Nine Months Ended

September 30, 2019

September 30, 2018

Diluted

Basic

Diluted

Basic

 

Consolidated operations

Income available to common stockholders

$

193,669

$

193,669

$

154,071

$

154,071

Average equivalent shares

Shares of common stock

 

63,485

 

63,485

 

62,304

 

62,304

Effect of dilutive stock-based compensation

Stock options

 

2,425

 

 

2,440

 

Restricted stock

 

253

 

 

78

 

Total average equivalent shares

 

66,163

63,485

64,822

62,304

Net income per share

$

2.93

$

3.05

$

2.38

$

2.47