Earnings per Share

9 Months Ended

Sep. 30, 2019

Basic earnings and diluted weighted-average shares outstanding are as follows for the three and nine months ended September 30, (in thousands):



	Three Months Ended September 30,				Nine Months Ended September 30,
	2019		2018		2019		2018
Numerator:
Net income available to common shareholders	$	24,476	$	19,503	$	50,734	$	50,692
Denominator for basic earnings per share:
Weighted average shares outstanding	32,470		32,115		32,357		31,922
Denominator for diluted earnings per share:
Weighted average shares outstanding	32,470		32,115		32,357		31,922
Common stock options and stock units	300		456		320		602
Weighted average shares and conversions	32,770		32,571		32,677		32,524

The weighted average number of diluted shares does not include potential anti-dilutive common shares issuable pursuant to equity based incentive compensation awards, aggregating to 346,000 and 247,000 for the three months ended September 30, 2019 and 2018, respectively, and 324,000 and 328,000 for the nine months ended September 30, 2019 and 2018, respectively.