Net Income Per Share

9 Months Ended

Sep. 30, 2021

3. Net Income Per Share

The following table reconciles basic net income per share of the Company's common stock to diluted net income per share for the three and nine months ended September 30, 2021 and 2020, respectively:


	Three Months Ended September 30,				Nine Months Ended September 30,
(in thousands, except per share amounts)	2021		2020		2021		2020
Net income available to common stockholders	$	73,778	$	67,057	$	196,650	$	157,362
Basic weighted-average shares outstanding	43,276		43,474		43,287		43,683
Dilutive effect of potential common stock equivalents — restricted stock units	209		209		213		190
Diluted weighted-average shares outstanding	43,485		43,683		43,500		43,873
Net income per common share:
Basic	$	1.70	$	1.54	$	4.54	$	3.60
Diluted	$	1.70	$	1.54	$	4.52	$	3.59