Stockholders' Equity (Tables)

3 Months Ended

Mar. 31, 2019

Equity [Abstract]

Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except share and per share data):

	Three Months Ended March 31,
	2019		2018
Numerator:
Net income available to common shareholders	$	31,555	$	37,110
Denominator:
Basic weighted average shares outstanding		58,543,478		58,855,156
Effect of dilutive securities:
Stock appreciation rights and options		154,076		194,056
Restricted stock		131,623		150,410
Diluted weighted average shares outstanding		58,829,177		59,199,622
Basic earnings per share	$	0.54	$	0.63
Diluted earnings per share	$	0.54	$	0.63

Antidilutive Securities Excluded from Computation of Earnings Per Share

The computation of diluted earnings per share excludes the following potentially dilutive securities because the effect would be anti-dilutive:

	Three Months Ended March 31,
	2019		2018
Stock appreciation rights		12,813		5,433