Stockholders' Equity (Tables)

6 Months Ended

Jun. 30, 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 June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
Numerator:
Net income available to common shareholders	$	61,366	$	47,218	$	109,910	$	89,620
Denominator:
Basic weighted average shares outstanding		115,362,757		115,733,934		115,512,231		115,996,494
Effect of dilutive securities:
Stock appreciation rights and options		193,466		179,742		200,263		180,594
Restricted stock		106,403		148,312		126,689		177,626
Diluted weighted average shares outstanding		115,662,626		116,061,988		115,839,183		116,354,714
Basic earnings per share	$	0.53	$	0.41	$	0.95	$	0.77
Diluted earnings per share	$	0.53	$	0.41	$	0.95	$	0.77

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 June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
Stock appreciation rights		15,029		39,584		11,105		28,928
Restricted stock		—		—		11,540		—