EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2019

Schedule of Calculation of Numerator and Denominator in Earnings Per Share

A reconciliation of the numerator and denominator of the basic earnings per share computation to the numerator and denominator of the diluted earnings per share computation is as follows (in thousands, except per share data):

	For the Three Months Ended March 31,
	2019		2018
NUMERATOR
Basic:
Net income	$	49,340	$	37,777
Diluted:
Net income	$	49,340	$	37,777
DENOMINATOR
Basic:
Weighted average common shares outstanding		118,836		118,359
Diluted:
Weighted average common shares outstanding		118,836		118,359
Effect of dilutive securities:
Stock options	36			101
Restricted stock-based awards	46			49
Weighted average shares and assumed conversions		118,918		118,509
BASIC EARNINGS PER SHARE	$	0.42	$	0.32
DILUTED EARNINGS PER SHARE	$	0.41	$	0.32