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Earnings Per Share
3 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
Earnings Per Share

10. Earnings Per Share

The following table sets forth the computations of basic and diluted earnings per share:





 

 

 

 

 



 

 

 

 

 



Three months ended



March 31,



2019

 

2018

Net income

$

88,132 

 

$

59,446 

Shares:

 

 

 

 

 

Weighted-average number of common shares outstanding

 

27,696 

 

 

27,911 

Dilutive stock awards

 

422 

 

 

39 

Diluted weighted-average number of common shares outstanding

 

28,118 

 

 

27,950 

Basic earnings per share

$

3.18 

 

$

2.13 

Diluted earnings per share

$

3.13 

 

$

2.13 

 The following stock awards were excluded from the calculation of diluted earnings per share:



 

 

 

 

 



 

 

 

 

 



Three months ended



March 31,



2019

 

2018

Stock awards subject to performance conditions

 

81 

 

 

111 

Stock awards that were antidilutive

 

343 

 

 

2,226 

Total stock awards excluded from diluted earnings per share

 

424 

 

 

2,337