Earnings per Share

6 Months Ended

Jun. 30, 2022

Earnings per Share

Earnings per Share

13. Earnings per Share

For the three and six months ended June 30, 2022, the Company made no adjustments to net income for the purpose of computing earnings per share and there were 149,000 and 22,000 antidilutive securities, respectively. For the three and six months ended June 30, 2021, the Company made no adjustments to net income for the purpose of computing earnings per share and there were no antidilutive securities. For the three and six months ended June 30, 2022 and 2021, the computations of basic and diluted earnings per share were as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
(dollars in thousands, except shares and per share amounts)	2022		2021		2022		2021
Numerator:
Net income	$	59,360	$	86,741	$	117,079	$	144,434
Denominator:
Basic: weighted-average shares outstanding		127,672,244		129,392,339		127,614,564		129,661,228
Add: weighted-average equity-based awards		342,533		436,508		494,066		503,534
Diluted: weighted-average shares outstanding		128,014,777		129,828,847		128,108,630		130,164,762
Basic earnings per share	$	0.46	$	0.67	$	0.92	$	1.11
Diluted earnings per share	$	0.46	$	0.67	$	0.91	$	1.11