EARNINGS PER SHARE

Basic earnings per share (“EPS”) is computed by dividing net income available to common stockholders by the weighted‑average number of common shares outstanding. Diluted EPS is computed after adjusting the numerator and denominator of the basic EPS computation for the effects of all potentially dilutive common shares. The dilutive effect of options and nonvested stock issued under stock‑based compensation plans is computed using the treasury stock method. The dilutive effect of the warrants is computed using the if‑converted method. Gains associated with the changes in the fair value of the warrants are excluded from the numerator in computing diluted earnings per share because inclusion of such gains in the computation would be anti‑dilutive.

Information related to the Company's EPS calculations is summarized as follows:



	Three Months Ended March 31,
(In thousands, except per share amounts)	2019			2018
Basic EPS:
Numerator:
Net income	$	31,925		$	1,834
Net income attributable to noncontrolling interests	(104		)	(360		)
Net income attributable to common stockholders	$	31,821		$	1,474

Denominator:
Weighted-average basic common shares outstanding	43,106			42,976

Diluted EPS:
Numerator:
Net income attributable to common stockholders	$	31,821		$	1,474

Denominator:
Weighted-average basic common shares outstanding	43,106			42,976
Restricted stock and stock options	151			218
Warrants	—			169
Weighted-average diluted common shares outstanding	43,257			43,363

Basic income per share:	$	0.74		$	0.03

Diluted income per share:	$	0.74		$	0.03

The diluted EPS computation for the three months ended March 31, 2019 and 2018 excludes 563,808 and 409,100 stock options, respectively, because their inclusion would have been anti-dilutive. The diluted EPS computation for the three months ended March 31, 2019 and 2018 excludes 288,010 and 224,420 shares of restricted stock, respectively, because performance conditions provided for in the restricted stock awards have not been satisfied.