Earnings per Share

12 Months Ended

Dec. 31, 2021

Earnings per Share

Earnings per Share

19. Earnings per Share

For the years ended December 31, 2021 and 2020, the Company made no adjustments to net income for the purpose of computing earnings per share and there were 1,000 and 410,000 antidilutive securities, respectively. For the year ended December 31, 2019, the Company made no adjustments to net income for the purpose 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, 2021, 2020 and 2019:

	Year Ended December 31,
(dollars in thousands, except shares and per share amounts)	2021		2020		2019
Numerator:
Net income	$	265,735	$	185,754	$	284,392
Denominator:
Basic: weighted-average shares outstanding		128,963,131		129,890,225		133,076,489
Add: weighted-average equity-based awards		574,791		329,852		310,668
Diluted: weighted-average shares outstanding		129,537,922		130,220,077		133,387,157
Basic earnings per share	$	2.06	$	1.43	$	2.14
Diluted earnings per share	$	2.05	$	1.43	$	2.13