Earnings Per Common Share (Notes)

6 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

Earnings Per Common Share

Earnings Per Common Share

Summarized basic and diluted earnings per common share were calculated as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands, except per share data)	2020		2019		2020		2019
Numerator:
Net earnings	$	38,493	$	94,455	$	87,785	$	101,778
Denominator:
Weighted-average shares outstanding	53,800		54,153		54,287		54,042
Effect of dilutive stock awards	1,424		1,553		1,401		1,559
Weighted-average dilutive shares	55,224		55,706		55,688		55,601
Basic earnings per common share	$	0.72	$	1.74	$	1.62	$	1.88
Diluted earnings per common share	$	0.70	$	1.70	$	1.58	$	1.83
Anti-dilutive securities excluded from diluted loss per common share:
Anti-dilutive restricted share units	145		—		145		—
Anti-dilutive performance share units	519		263		519		263
Anti-dilutive stock options	1,349		1,107		1,340		1,123