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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Summary Of Basic And Diluted Earnings Per Share
Basic and diluted earnings per common share (“EPS”) for the three and six months ended June 30, 2018 and 2017 were:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2018
 
2017
 
2018
 
2017
 
(in thousands, except per share data)
Numerator:
 

 
 

 
 
 
 
Net income attributable to common stockholders
$
30,426

 
$
18,086

 
$
42,949

 
$
25,241

Less: Net income allocable to Series A convertible preferred stockholders (1)
(5,121
)
 
(2,843
)
 
(7,205
)
 
(3,971
)
Adjusted net income available to common stockholders - basic and diluted
$
25,305

 
$
15,243

 
$
35,744

 
$
21,270

Denominator:
 

 
 

 
 
 
 
Weighted average common shares outstanding - basic
68,153

 
73,953

 
68,427

 
73,882

Plus: dilutive effect of stock options and unvested restricted stock units
3,314

 
619

 
2,035

 
743

Weighted average common shares outstanding - diluted
71,467

 
74,572

 
70,462

 
74,625

 
 
 
 
 
 
 
 
Net income per common share:
 

 
 

 
 
 
 
Basic
$
0.37

 
$
0.21

 
$
0.52

 
$
0.29

Diluted
$
0.35

 
$
0.20

 
$
0.51

 
$
0.29


(1) Represents the amount which would have been paid to preferred stockholders in the event the Company had declared a dividend on its common stock.