Earnings per Share

6 Months Ended

Jun. 30, 2020

Basic earnings and diluted weighted-average shares outstanding are as follows for the three and six months ended June 30, (in thousands):


	Three Months Ended June 30,						Six Months Ended June 30,
	2020		2019		2020		2019
Numerator:


Net income available to common shareholders	$	27,292	$	19,913	$	39,351	$	26,258
Denominator for basic earnings per share:
Weighted average shares outstanding	32,605		32,321		32,596		32,300
Denominator for diluted earnings per share:
Weighted average shares outstanding	32,605		32,321		32,596		32,300
Common stock options and stock units	255		321		272		330
Weighted average shares and conversions	32,860		32,642		32,868		32,630

The weighted average number of diluted shares does not include potential anti-dilutive common shares issuable pursuant to equity based incentive compensation awards, aggregating to 77,000 and 366,000 for the three months ended June 30, 2020 and 2019, respectively, and 47,000 and 312,000 for the six months ended June 30, 2020 and 2019, respectively.