EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following table presents the Company’s common stock equivalents that were excluded from the calculation of earnings per share as they would be anti-dilutive:

	Three Months Ended March 31,
	2024	2023
Stock option awards	880,815	871,491
Restricted stock awards	279,144	342,894
Performance stock unit awards	149,561	90,159

Schedule of Basic and Diluted Earnings Per Share

The following table presents the Company’s basic earnings per share and shares outstanding (in thousands, except per share data):

	Three Months Ended March 31,
	2024		2023
Numerator:
Net income	$	44,791	$	39,208
Denominator:
Weighted average number of common shares outstanding	173,928		181,262
Earnings per common share:
Earnings per common share, basic	$	0.26	$	0.22

The following table presents the Company’s diluted earnings per share and shares outstanding (in thousands, except per share data):

	Three Months Ended March 31,
	2024		2023
Numerator:
Net income	$	44,791	$	39,208
Denominator:
Weighted average number of common shares outstanding	173,928		181,262
Effect of dilutive securities	1,696		1,473
Weighted average number of common shares outstanding, diluted	175,624		182,735
Earnings per common share:
Earnings per common share, diluted	$	0.26	$	0.21