Net Income per Share (Tables)

3 Months Ended

Mar. 31, 2019

The computation of the Company's basic and diluted net income per share is as follows:



	Three months ended March 31,
	2019			2018
	(In thousands, except per share data)
Numerator for basic and diluted income per common share:
Net income	$	31,643		$	17,073
Less: Net income allocated to unvested participating restricted stock	(1,111		)	(568		)
Net income available to common stockholders - basic	30,532			16,505
Effect of unvested participating restricted stock in two-class calculation	12			2
Net income available to common stockholders - diluted	$	30,544		$	16,507
Denominator:
Weighted average outstanding shares of common stock - basic	17,343			17,703
Dilutive effect of stock options	347			142
Weighted average outstanding shares of common stock - diluted	17,690			17,845
Net income per common share:
Basic	$	1.76		$	0.93
Diluted	$	1.73		$	0.92