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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Computation of reconciliation of basic earnings per share to diluted earnings per share

The following table details the reconciliation of basic earnings per share to diluted earnings per share (in thousands):
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2019
 
2018
 
2019
 
2018
Numerator for basic and diluted earnings per share:
 
 
 
 
 
 
 
 
Net income
 
$
40,390

 
$
38,924

 
$
99,737

 
$
115,910

Denominator:
 
 

 
 

 


 


Weighted-average basic common shares outstanding
 
38,765

 
38,761

 
38,614

 
38,533

Assumed conversion of dilutive securities:
 
 
 
 
 

 

Stock awards
 
1,515

 
1,767

 
1,401

 
1,812

Denominator for diluted earnings per share
   - Adjusted weighted-average shares
 
40,280

 
40,528

 
40,015

 
40,345

Earnings per common share:
 
 

 
 

 


 


Basic
 
$
1.04

 
$
1.00

 
$
2.58

 
$
3.01

Diluted
 
$
1.00

 
$
0.96

 
$
2.49

 
$
2.87