Earnings Per Share

3 Months Ended

Mar. 31, 2020

Calculation of Basic and Diluted Earnings per Common Share

The following tables summarize our calculation of Basic and Diluted Earnings per Common Share (“EPS”) for the three months ended March 31, 2020 and 2019 (in thousands, except share and per share data):



	For the three months ended March 31,
	2020		2019
Numerator:
Net income available to common stockholders	$	75,665	$	72,410
Denominator:
Weighted average shares outstanding used to compute basic earnings per common share	56,007,122		56,168,356
Effect of dilutive securities—Share-based awards	203,606		255,866
Shares used to compute diluted earnings per common share	56,210,728		56,424,222

Basic earnings per common share	$	1.35	$	1.29

Diluted earnings per common share	$	1.35	$	1.28

The number of outstanding share-based awards that were excluded from the computation of diluted EPS for the three months ended March 31, 2020 and 2019 because they would be anti-dilutive were 95,084 and 2,150, respectively.