Earnings per Share

12 Months Ended

Dec. 31, 2023

Earnings per Share

Earnings per Share

19. Earnings per Share

For the years ended 2023, 2022 and 2021, the Company made no adjustments to net income for the purpose of computing earnings per share and there were 574,000, nil and 1,000 antidilutive securities, respectively.

The computations of basic and diluted earnings per share were as follows for the years ended December 31, 2023, 2022 and 2021:

	Year Ended December 31,
(dollars in thousands, except shares and per share amounts)	2023		2022		2021
Numerator:
Net income	$	234,983	$	265,685	$	265,735
Denominator:
Basic: weighted-average shares outstanding		127,567,547		127,489,889		128,963,131
Add: weighted-average equity-based awards		348,326		491,810		574,791
Diluted: weighted-average shares outstanding		127,915,873		127,981,699		129,537,922
Basic earnings per share	$	1.84	$	2.08	$	2.06
Diluted earnings per share	$	1.84	$	2.08	$	2.05