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Earnings per Share (Tables)
9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Schedule of Earnings per Share

Earnings per share is computed as follows:

 

 

For the Three Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

 

Net

Income

 

 

Shares

 

 

Per

Share

Amount

 

 

Net

Income

 

 

Shares

 

 

Per

Share

Amount

 

 

 

(In thousands, except per share amounts)

 

Basic earnings per share

 

$

98,028

 

 

 

78,164

 

 

$

1.25

 

 

$

95,988

 

 

 

86,616

 

 

$

1.11

 

Effect of dilutive incentive-based awards

 

 

 

 

 

 

640

 

 

 

 

 

 

 

 

 

 

 

926

 

 

 

 

 

Diluted earnings per share

 

$

98,028

 

 

 

78,804

 

 

$

1.24

 

 

$

95,988

 

 

 

87,542

 

 

$

1.10

 

 

 

 

For the Nine Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

 

Net

Income

 

 

Shares

 

 

Per

Share

Amount

 

 

Net

Income

 

 

Shares

 

 

Per

Share

Amount

 

 

 

(In thousands, except per share amounts)

 

Basic earnings per share

 

$

113,659

 

 

 

81,003

 

 

$

1.40

 

 

$

55,841

 

 

 

86,410

 

 

$

0.65

 

Effect of dilutive incentive-based awards

 

 

 

 

 

 

735

 

 

 

 

 

 

 

 

 

 

 

619

 

 

 

 

 

Diluted earnings per share

 

$

113,659

 

 

 

81,738

 

 

$

1.39

 

 

$

55,841

 

 

 

87,029

 

 

$

0.64