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Earnings Per Share

3 Months Ended

Mar. 31, 2021

9. Earnings Per Share

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



	Three months ended
	March 31,
	2021		2020
Net income	$	127,101	$	76,388
Shares:
Weighted-average number of common shares outstanding (for basic calculation)		28,125		27,792
Dilutive stock awards		457		531
Weighted-average number of common shares outstanding (for diluted calculation)		28,582		28,323
Basic earnings per share	$	4.52	$	2.75
Diluted earnings per share	$	4.45	$	2.70

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



	Three months ended
	March 31,
	2021		2020
Stock awards subject to performance conditions		69		90
Stock awards that were antidilutive		48		103
Total stock awards excluded from diluted earnings per share		117		193