Stockholders' Equity (Tables)

3 Months Ended

Mar. 31, 2021

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,
	2021		2020
Numerator:
Net income available to common shareholders	$	48,545	$	42,402
Denominator:
Basic weighted average shares outstanding		115,663,366		116,259,058
Effect of dilutive securities:
Stock appreciation rights and options		207,060		181,446
Restricted stock		146,974		206,938
Diluted weighted average shares outstanding		116,017,400		116,647,442
Basic earnings per share	$	0.42	$	0.37
Diluted earnings per share	$	0.42	$	0.36

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,
	2021		2020
Stock appreciation rights		7,181		18,270
Restricted stock		23,079		—