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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
Computation of earnings per share and reconciliation of basic and diluted weighted average common shares outstanding
The table below presents the computation of EPS, including the reconciliation of basic and diluted weighted average shares outstanding (in thousands, except EPS):

 
 
Three Months Ended
 
 
March 31,
 
 
2019
 
2018
Net income
 
$
32,637

 
$
31,339

 
 
 
 
 
Weighted average shares outstanding:
 
 
 
 
Basic
 
39,479

 
40,370

Effect of dilutive securities:
 
 
 
 
Stock options and employee stock purchase plan
 
1,217

 
1,492

Diluted
 
40,696

 
41,862

 
 
 
 
 
Earnings per share:
 
 
 
 
Basic
 
$
0.83

 
$
0.78

Diluted
 
$
0.80

 
$
0.75

 
 
 
 
 
Anti-dilutive stock options excluded from diluted earnings per share computations
 
65

 
85