Stockholders' Equity (Tables)

3 Months Ended

Mar. 31, 2022

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,
	2022		2021
Numerator:
Net income available to common shareholders	$	71,211	$	48,545
Denominator:
Basic weighted average shares outstanding		114,638,424		115,663,366
Effect of dilutive securities:
Stock appreciation rights and options		124,327		207,060
Restricted stock		91,130		146,974
Diluted weighted average shares outstanding		114,853,881		116,017,400
Basic earnings per share	$	0.62	$	0.42
Diluted earnings per share	$	0.62	$	0.42

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,
	2022		2021
Stock appreciation rights		31,006		7,181
Restricted stock		52,278		23,079