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Earnings Per Share
9 Months Ended
Sep. 30, 2020
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
Calculation of Basic and Diluted Earnings per Common Share
The following tables summarize our calculation of Basic and Diluted Earnings per Common Share (“EPS”) for the three and nine months ended September 30, 2020 and 2019 (in thousands, except share and per share data):
For the three months ended
September 30,
 20202019
Numerator:
Net income available to common stockholders$61,186 $81,834 
Denominator:
Weighted average shares outstanding used to compute basic earnings per common share54,979,310 56,216,840 
Effect of dilutive securities—Share-based awards220,935 341,610 
Shares used to compute diluted earnings per common share55,200,245 56,558,450 
Basic earnings per common share$1.11 $1.46 
Diluted earnings per common share$1.11 $1.45 
For the nine months ended
September 30,
 20202019
Numerator:
Net income available to common stockholders$53,162 $238,216 
Denominator:
Weighted average shares outstanding used to compute basic earnings per common share55,302,385 56,189,388 
Effect of dilutive securities—Share-based awards207,337 305,042 
Shares used to compute diluted earnings per common share55,509,722 56,494,430 
Basic earnings per common share$0.96 $4.24 
Diluted earnings per common share$0.96 $4.22 
The number of outstanding share-based awards excluded from the computation of diluted EPS for the three and nine months ended September 30, 2020 because they would be anti-dilutive were 19,450 and 94,155, respectively. There were no anti-dilutive share-based awards for the three and nine months ended September 30, 2019.