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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted

The table below sets forth the reconciliation between net income and the weighted average shares outstanding used for calculating basic and diluted EPS:

 

 

Three Months Ended

 

 

Six Months Ended

 

 

June 30,

 

 

June 30,

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Earnings (numerator)

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to common stockholders

$

80,155

 

 

$

55,374

 

 

$

152,846

 

 

$

94,826

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares (denominator)

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding (basic)

 

45,265

 

 

 

44,667

 

 

 

45,185

 

 

 

44,538

 

Dilutive effect of stock options and stock awards outstanding

 

576

 

 

 

713

 

 

 

728

 

 

 

789

 

Adjusted weighted average common shares outstanding (diluted)

 

45,841

 

 

 

45,380

 

 

 

45,913

 

 

 

45,327

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share attributable to common stockholders

 

 

 

 

 

 

 

 

 

 

 

Basic

$

1.77

 

 

$

1.24

 

 

$

3.38

 

 

$

2.13

 

Diluted

$

1.75

 

 

$

1.22

 

 

$

3.33

 

 

$

2.09

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock options and stock awards excluded from EPS
  calculation because the effect would be anti-dilutive

 

175

 

 

 

6

 

 

 

76

 

 

 

3