XML 101 R23.htm IDEA: XBRL DOCUMENT v3.19.3
EARNINGS PER SHARE
 9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE     
The following are computations of basic and diluted earnings per share (in thousands, except per share amounts):
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2019
 
2018
 
2019
 
2018
Numerator for basic and diluted earnings per share:
 
 
 
 
 
 
 
Net income
$
36,369

 
$
31,089

 
$
73,589

 
$
49,205

 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Basic shares outstanding
55,850

 
56,059

 
55,858

 
56,222

Dilutive effect of outstanding stock awards
315

 
232

 
251

 
138

Dilutive shares outstanding
56,165


56,291


56,109

 
56,360

 
 
 
 
 
 
 
 
Basic income per share:
$
0.65

 
$
0.55

 
$
1.32

 
$
0.88

 
 

 
 

 
 

 
 

Diluted income per share:
$
0.65

 
$
0.55

 
$
1.31

 
$
0.87


For the three months ended September 30, 2019 and September 30, 2018, the dilutive effect of outstanding stock awards excludes 147,075 and 304,644, respectively, of performance stock awards for which the performance criteria were not achieved and 3,567 and 6,565, respectively, of restricted stock awards which were antidilutive.
For the nine months ended September 30, 2019 and September 30, 2018, the dilutive effect of outstanding stock awards excludes 147,075 and 304,644, respectively, of performance stock awards for which the performance criteria were not achieved and 14,223 and 91,743, respectively, of restricted stock awards which were antidilutive.