Three Months Ended

June 30,

Six Months Ended

June 30,

2022

2021

2022

2021

Numerator:

Numerator for basic and diluted earnings per share – Net income available to common shareholders

$

110,227

$

58,044

$

202,680

$

103,377

Denominator:

Denominator for basic earnings per share – weighted average shares outstanding

55,640

56,009

55,788

55,819

Effect of dilutive securities–

Employee stock options and restricted stock awards

1,670

1,947

1,822

2,027

Denominator for diluted earnings per share – adjusted weighted average shares outstanding and assumed conversions

57,310

57,956

57,610

57,846

Basic earnings per common share

$

1.98

$

1.04

$

3.63

$

1.85

Diluted earnings per common share and common share equivalents

$

1.92

$

1.00

$

3.52

$

1.79