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Earnings Per Share
 3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
Calculation of Basic and Diluted Earnings per Common Share
The following table summarizes our calculation of Basic and Diluted Earnings per Common Share (“EPS”) for the three months ended March 31, 2024 and 2023 (in thousands, except share and per share data):
For the three months ended
March 31,
 20242023
Numerator:
Net income
$197,149 $111,473 
Denominator:
Weighted average shares outstanding used to compute basic earnings per common share47,138,185 47,775,819 
Effect of dilutive securities—Share-based awards178,312 169,996 
Shares used to compute diluted earnings per common share47,316,497 47,945,815 
Basic earnings per common share$4.18 $2.33 
Diluted earnings per common share$4.17 $2.32 
The number of share-based awards excluded from the computation of diluted EPS for the three months ended March 31, 2024 because they would be anti-dilutive was 1,095. There were no anti-dilutive share-based awards for the three months ended March 31, 2023.