Earnings Per Share

12 Months Ended

Dec. 31, 2019

The following table sets forth the computation of the basic and diluted earnings per share of the Company's consolidated statements of operations for the years ended December 31, 2019, 2018 and 2017 (in thousands, except per share amounts):



	Year Ended December 31
		2019			2018			2017
Earnings per common share - basic:
Numerator:
Net income		$	152,683		$	80,765		$	219,959
Net income attributable to noncontrolling interests in CPLP		(1,952		)	(1,345		)	(3,681		)
Net income attributable to other noncontrolling interests		(313		)	(256		)	(3		)
Net income available for common stockholders		$	150,418		$	79,164		$	216,275

Denominator:
Weighted average common shares - basic		128,060			105,076			103,902
Net income per common share - basic		$	1.17		$	0.75		$	2.08

Earnings per common share - diluted:
Numerator:
Net income		$	152,683		$	80,765		$	219,959
Net income attributable to other noncontrolling interests		(313		)	(256		)	(3		)
Net income available for common stockholders before net income attributable to noncontrolling interests in CPLP		$	152,370		$	80,509		$	219,956

Denominator:
Weighted average common shares - basic		128,060			105,076			103,902
Add:
Potential dilutive common shares - stock options		27			48			78
Weighted average units of CPLP convertible into common shares		1,744			1,744			1,844
Weighted average common shares - diluted		129,831			106,868			105,824
Net income per common share - diluted		$	1.17		$	0.75		$	2.08

Anti-dilutive stock options represent stock options whose exercise price exceeds the average market value of the Company’s stock. These anti-dilutive stock options are not included in the current calculation of dilutive weighted average shares, but could be dilutive in the future. As of December 31, 2017, the number of anti-dilutive stock options was 6,000, respectively. There were no anti-dilutive stock options outstanding as of December 31, 2019 and 2018.