Three months ended September 30,

Nine months ended September 30,

2020

2019

2020

2019

(In thousands, except share and per share data)

Net income

$

56,794

$

72,835

$

157,967

$

211,758

Weighted-average shares:

Basic weighted-average number of common shares outstanding

79,628,372

79,736,814

79,599,288

80,096,855

Dilutive effect of weighted-average outstanding common share equivalents RSUs

135,946

257,016

159,655

233,761

Diluted weighted-average number of common shares outstanding

79,764,318

79,993,830

79,758,943

80,330,616

Average restricted stock units with anti-dilutive effect

117,621

32,321

97,110

47,690

Earnings per common share:

Basic

$

0.71

$

0.91

$

1.98

$

2.64

Diluted

$

0.71

$

0.91

$

1.98

$

2.64