Stockholders' Equity (Tables)

12 Months Ended

Dec. 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):

	Year Ended December 31,
	2021		2020		2019
Numerator:
Net income	$	208,737	$	175,631	$	144,738
Denominator:
Basic weighted average shares outstanding		115,461,016		115,888,859		116,861,194
Effect of dilutive securities:
Stock appreciation rights		180,875		192,579		248,850
Restricted stock		120,952		171,428		205,454
Diluted weighted average shares outstanding		115,762,843		116,252,866		117,315,498
Basic earnings per share	$	1.81	$	1.52	$	1.24
Diluted earnings per share	$	1.80	$	1.51	$	1.24

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:

	Year Ended December 31,
	2021		2020		2019
Restricted stock		6,296		—		—
Stock appreciation rights		12,602		14,697		41,540