Net Income Per Share (Tables)

12 Months Ended

Dec. 31, 2018

Earnings Per Share [Abstract]

Summary of the net income allocated to common shares and the basic and diluted shares used in the net income per share computations

The following table summarizes the net income allocated to common shares and the basic and diluted shares used in the net income per share computations:

	Year Ended December 31,
(in thousands)	2018			2017			2016
Net income	$	135,413		$	84,402		$	65,991
Less distributed and undistributed earnings allocated to participating securities	(1,875		)	(1,517		)	(1,496		)
Net income allocated to common shares	$	133,538		$	82,885		$	64,495
Weighted average common shares outstanding	41,217			41,067			41,668
Incremental shares from assumed conversions of common stock options and LTIP awards	289			204			94
Adjusted weighted average common shares outstanding	41,506			41,271			41,762
Potentially dilutive securities not included in weighted average share calculation due to anti-dilutive effect	—			—			—