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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Weighted-Average Shares of Common Stock Outstanding used in Calculation of Basic and Diluted Earnings Per Share



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

For the year ended December 31,



 

2018

 

2017

 

2016

Numerator:

 

 

 

 

 

 

 

 

 

Net income

 

$

47,451 

 

$

103,654 

 

$

76,238 

Denominator:

 

 

 

 

 

 

 

 

 

Basic weighted-average shares outstanding

 

 

114,909 

 

 

119,860 

 

 

124,448 

Dilutive impact of stock options and restricted shares

 

 

1,606 

 

 

1,162 

 

 

696 

Diluted weighted-average shares outstanding

 

 

116,515 

 

 

121,022 

 

 

125,144 

Net income per common share:

 

 

 

 

 

 

 

 

 

Basic

 

$

0.41 

 

$

0.86 

 

$

0.61 

Diluted

 

$

0.41 

 

$

0.86 

 

$

0.61