Earnings per Share

12 Months Ended

Dec. 31, 2019

Earnings per Share

Earnings per Share

20. Earnings per Share

The Company made no adjustments to net income for the purposes of computing earnings per share and there were no antidilutive securities.

The computations of basic and diluted earnings per share were as follows for the years ended December 31, 2019, 2018 and 2017:

	Year Ended December 31,
(dollars in thousands, except shares and per share amounts)	2019		2018		2017
Numerator:
Net income	$	284,392	$	264,394	$	183,682
Denominator:
Basic: weighted-average shares outstanding		133,076,489		136,945,134		139,560,305
Add: weighted-average equity-based awards		310,668		166,286		96,688
Diluted: weighted-average shares outstanding		133,387,157		137,111,420		139,656,993
Basic earnings per share	$	2.14	$	1.93	$	1.32
Diluted earnings per share	$	2.13	$	1.93	$	1.32