Earnings per Share

9 Months Ended

Sep. 30, 2020

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


	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Numerator:


Net income available to common shareholders	$	33,760	$	24,476	$	73,111	$	50,734
Denominator for basic earnings per share:
Weighted average shares outstanding	32,635		32,470		32,606		32,357
Denominator for diluted earnings per share:
Weighted average shares outstanding	32,635		32,470		32,606		32,357
Common stock options and stock units	334		300		296		320
Weighted average shares and conversions	32,969		32,770		32,902		32,677

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 9,000 and 346,000 for the three months ended September 30, 2020 and 2019, respectively, and 24,000 and 324,000 for the nine months ended September 30, 2020 and 2019, respectively.