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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2019
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,

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Earnings (numerator)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to common stockholders

$

36,284

 

 

$

25,068

 

 

$

68,000

 

 

$

43,594

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares (denominator)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding (basic)

 

50,658

 

 

 

49,680

 

 

 

50,529

 

 

 

49,509

 

Dilutive effect of stock options and stock awards outstanding

 

962

 

 

 

1,112

 

 

 

1,037

 

 

 

1,218

 

Adjusted weighted average common shares outstanding (diluted)

 

51,620

 

 

 

50,792

 

 

 

51,566

 

 

 

50,727

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share attributable to common stockholders

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.72

 

 

$

0.50

 

 

$

1.35

 

 

$

0.88

 

Diluted

$

0.70

 

 

$

0.49

 

 

$

1.32

 

 

$

0.86

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock options and stock awards excluded from EPS

  calculation because the effect would be anti-dilutive

 

131

 

 

 

24

 

 

 

95

 

 

 

13