Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2023

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,
	2023		2022		2021
Numerator:
Net income	$	205,384	$	184,626	$	208,737
Denominator:
Basic weighted average shares outstanding		108,680,459		111,710,676		115,461,016
Effect of dilutive securities:
Stock appreciation rights		71,406		94,859		180,875
Restricted stock		57,538		74,953		120,952
Diluted weighted average shares outstanding		108,809,403		111,880,488		115,762,843
Basic earnings per share	$	1.89	$	1.65	$	1.81
Diluted earnings per share	$	1.89	$	1.65	$	1.80

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,
	2023		2022		2021
Restricted stock		52,323		48,851		6,296
Stock appreciation rights		93,163		52,107		12,602