Earnings Per Share

3 Months Ended

Mar. 31, 2018

The following table details the reconciliation of basic earnings per share to diluted earnings per share:



	Three Months Ended March 31,
	2018		2017
			As Adjusted
Numerator for basic and diluted earnings per share:
Net income	$	37,825	$	32,769
Denominator:
Weighted-average basic common shares outstanding	38,002		36,845
Assumed conversion of dilutive securities:
Stock options	1,834		2,087
Denominator for diluted earnings per share - Adjusted weighted-average shares	39,836		38,932
Earnings per common share:
Basic	$	1.00	$	0.89
Diluted	$	0.95	$	0.84

For the three months ended March 31, 2018, and 2017, stock options representing the right to purchase common stock of approximately 1,111,000 and 1,160,000 shares were not included in the computation of diluted earnings per share because their inclusion would have had an anti-dilutive effect.