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EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2019
EARNINGS PER SHARE  
Reconciliation of Basic and Diluted Earnings Per Share

Three Months Ended

June 30, 2019

June 30, 2018

 

Diluted

Basic

Diluted

Basic

Consolidated operations

Income available to common stockholders

$

73,915

$

73,915

$

55,775

$

55,775

Average equivalent shares

Shares of common stock

 

63,471

 

63,471

 

62,402

 

62,402

Effect of dilutive stock based compensation

Stock options

 

2,533

 

 

2,358

 

Restricted stock

 

228

 

 

90

 

Total average equivalent shares

 

66,232

63,471

64,850

62,402

Net income per share

$

1.12

$

1.16

$

0.86

$

0.89

Six Months Ended

June 30, 2019

June 30, 2018

Diluted

Basic

Diluted

Basic

 

Consolidated operations

Income available to common stockholders

$

136,919

$

136,919

$

115,075

$

115,075

Average equivalent shares

Shares of common stock

 

63,219

 

63,219

 

62,266

 

62,266

Effect of dilutive stock-based compensation

Stock options

 

2,411

 

 

2,293

 

Restricted stock

 

212

 

 

81

 

Total average equivalent shares

 

65,842

63,219

64,640

62,266

Net income per share

$

2.08

$

2.17

$

1.78

$

1.85