Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2020

Earnings Per Share [Abstract]

Summary of Reconciliation of Basic Earnings Per Share and Diluted Earnings Per Share

The following table sets forth the reconciliation of basic earnings per share and diluted earnings per share from net income for the three and nine months ended September 30, 2020 and 2019:

	Three Months Ended September 30,				Nine Months Ended September 30,
(in thousands except per share amounts)	2020		2019		2020		2019
Net income	$	55,741	$	25,992	$	157,627	$	54,902
Shares:
Basic: Weighted average number of shares outstanding		67,743		67,724		67,785		67,610
Plus: Incremental shares from assumed conversion of dilutive instruments		5,694		5,947		5,918		5,690
Diluted: Weighted average number of shares outstanding		73,437		73,671		73,703		73,300
Earnings per share
Basic:	$	0.82	$	0.38	$	2.33	$	0.81
Diluted:	$	0.76	$	0.35	$	2.14	$	0.75