NET INCOME PER COMMON SHARE (Tables)

12 Months Ended

Dec. 31, 2020

Earnings Per Share [Abstract]

Schedule of Earnings Per Share

The following table is a reconciliation of net income and the shares used in calculating basic and diluted net income per common share for the year ended December 31, 2020, 2019 and 2018 (in thousands, except share and per share data):

	Year Ended December 31,
	2020			2019			2018
Numerator:
Net income	$	133,372		$	138,304		$	58,840
Adjustment for Basic EPS:
Earnings allocated to unvested shareholders		(1,001	)		(1,106	)		(690	)
Adjusted net income	$	132,371		$	137,198		$	58,150
Denominator:
Weighted average common shares outstanding – Basic		47,198,982			46,959,775			46,849,588
Effect of dilutive shares:
Common stock equivalents arising from stock options and ESPP		1,566			1,334			1,956
Restricted stock awards and units and performance units		36,446			34,353			45,222
Weighted average common shares outstanding – Diluted		47,236,994			46,995,462			46,896,766
Net income per common share:
Basic	$	2.80		$	2.92		$	1.24
Diluted	$	2.80		$	2.92		$	1.24