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Earnings Per Share (Tables)
9 Months Ended
Sep. 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

 

 

Nine Months Ended

 

 

September 30,

 

 

September 30,

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Earnings (numerator)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to common stockholders

$

27,152

 

 

$

38,060

 

 

$

68,353

 

 

$

106,060

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares (denominator)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding (basic)

 

51,825

 

 

 

50,998

 

 

 

51,563

 

 

 

50,687

 

Dilutive effect of stock options and stock awards outstanding

 

904

 

 

 

871

 

 

 

1,049

 

 

 

1,012

 

Adjusted weighted average common shares outstanding (diluted)

 

52,729

 

 

 

51,869

 

 

 

52,612

 

 

 

51,699

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share attributable to common stockholders

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.52

 

 

$

0.75

 

 

$

1.33

 

 

$

2.09

 

Diluted

$

0.51

 

 

$

0.73

 

 

$

1.30

 

 

$

2.05

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock options and stock awards excluded from EPS

  calculation because the effect would be anti-dilutive

 

-

 

 

 

3

 

 

 

3

 

 

 

107