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EARNINGS PER SHARE
 9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
EARNINGS PER SHARE 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 non-vested 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.

Information related to the Company's EPS calculations is summarized as follows: 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(In thousands, except per share amounts)
 
2019
 
2018
  
2019
 
2018
Basic EPS:
 
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
 
Net income
 
$
30,043

 
$
23,847

 
$
75,296

 
$
19,802

Net income attributable to noncontrolling interests
 
(285
)
 
(482
)
 
(240
)
 
(51
)
Net income attributable to common stockholders
 
$
29,758

 
$
23,365

 
$
75,056

 
$
19,751

 
 
 
 
 
 
 
 
 
Denominator:
 
 

 
 

 
 

 
 

Weighted-average basic common shares outstanding
 
43,134

 
43,066

 
43,118

 
43,023

 
 
 
 
 
 
 
 
 
Diluted EPS:
 
 

 
 

 
 

 
 

Numerator:
 
 

 
 

 
 

 
 

Net income attributable to common stockholders
 
$
29,758

 
$
23,365

 
$
75,056

 
$
19,751

 
 
 
 
 
 
 
 
 
Denominator:
 
 

 
 

 
 

 
 

Weighted-average basic common shares outstanding
 
43,134

 
43,066

 
43,118

 
43,023

Restricted stock and stock options
 
208

 
204

 
171

 
211

Warrants
 
86

 
47

 
86

 
47

Weighted-average diluted common shares outstanding
 
43,428

 
43,317

 
43,375

 
43,281

 
 
 
 
 
 
 
 
 
Basic income per share:
 
$
0.69

 
$
0.54

 
$
1.74

 
$
0.46

 
 
 
 
 
 
 
 
 
Diluted income per share:
 
$
0.69

 
$
0.54

 
$
1.73

 
$
0.46



The diluted EPS computation for the three and nine months ended September 30, 2019 excludes 351,908 and 418,808 stock options, respectively, because their inclusion would have been anti-dilutive. The diluted EPS computation for the three and nine months ended September 30, 2019 excludes 277,212 shares of restricted stock because performance conditions provided for in the restricted stock awards have not been satisfied.

The diluted EPS computation for the three and nine months ended September 30, 2018 excludes 375,500 and 398,500 stock options, respectively, because their inclusion would have been anti-dilutive. The diluted EPS computation for the three and nine months ended September 30, 2018 excludes 227,621 shares of restricted stock because performance conditions provided for in the restricted stock awards have not been satisfied.