Stockholders' Equity (Tables)

12 Months Ended

Dec. 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):

	Year Ended December 31,
	2022		2021		2020
Numerator:
Net income	$	184,626	$	208,737	$	175,631
Denominator:
Basic weighted average shares outstanding		111,710,676		115,461,016		115,888,859

	Year Ended December 31,
	2022		2021		2020
Effect of dilutive securities:
Stock appreciation rights		94,859		180,875		192,579
Restricted stock		74,953		120,952		171,428
Diluted weighted average shares outstanding		111,880,488		115,762,843		116,252,866
Basic earnings per share	$	1.65	$	1.81	$	1.52
Diluted earnings per share	$	1.65	$	1.80	$	1.51

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,
	2022		2021		2020
Restricted stock		48,851		6,296		—
Stock appreciation rights		52,107		12,602		14,697