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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2020
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,

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Earnings (numerator)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to common stockholders

$

21,033

 

 

$

36,284

 

 

$

41,201

 

 

$

68,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares (denominator)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding (basic)

 

51,527

 

 

 

50,658

 

 

 

51,431

 

 

 

50,529

 

Dilutive effect of stock options and stock awards outstanding

 

1,042

 

 

 

962

 

 

 

1,086

 

 

 

1,037

 

Adjusted weighted average common shares outstanding (diluted)

 

52,569

 

 

 

51,620

 

 

 

52,517

 

 

 

51,566

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share attributable to common stockholders

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.41

 

 

$

0.72

 

 

$

0.80

 

 

$

1.35

 

Diluted

$

0.40

 

 

$

0.70

 

 

$

0.78

 

 

$

1.32

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock options and stock awards excluded from EPS

  calculation because the effect would be anti-dilutive

 

8

 

 

 

131

 

 

 

3

 

 

 

95