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