Earnings per Share

12 Months Ended

Dec. 31, 2022

Earnings per Share

Earnings per Share

19. Earnings per Share

For the years ended December 31, 2022, 2021 and 2020, the Company made no adjustments to net income for the purpose of computing earnings per share and there were nil, 1,000 and 410,000 antidilutive securities, respectively.

The computations of basic and diluted earnings per share were as follows for the years ended December 31, 2022, 2021 and 2020:

	Year Ended December 31,
(dollars in thousands, except shares and per share amounts)	2022		2021		2020
Numerator:
Net income	$	265,685	$	265,735	$	185,754
Denominator:
Basic: weighted-average shares outstanding		127,489,889		128,963,131		129,890,225
Add: weighted-average equity-based awards		491,810		574,791		329,852
Diluted: weighted-average shares outstanding		127,981,699		129,537,922		130,220,077
Basic earnings per share	$	2.08	$	2.06	$	1.43
Diluted earnings per share	$	2.08	$	2.05	$	1.43