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Earnings Per Share
9 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share amounts):
 
 
Three Months Ended
 
Nine Months Ended
 
 
September 30,
 
September 30,
 
 
2018
 
2017
 
2018
 
2017
Numerator:
 
 
 
 
 
 
 
 
Net income
 
$
33,325

 
$
28,274

 
$
105,131

 
$
76,158

 
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
 
Weighted-average common shares for calculating basic earnings per share
 
43,981

 
47,628

 
45,107

 
48,090

Effect of dilutive securities:
 
 
 
 
 
 
 
 
Stock options and nonvested common stock awards
 
135

 
40

 
97

 
27

Weighted-average common shares for calculating diluted earnings per share
 
44,116

 
47,668

 
45,204

 
48,117

 
 
 
 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
 
 
 
Basic
 
$
0.76

 
$
0.59

 
$
2.33

 
$
1.58

Diluted
 
$
0.76

 
$
0.59

 
$
2.33

 
$
1.58