Earnings Per Share

12 Months Ended

Dec. 31, 2018

EARNINGS PER SHARE

Basic earnings and diluted earnings per share data were computed as follows:



	Years Ended December 31,
	2018		2017		2016
			As Adjusted		As adjusted
Numerator for basic and diluted earnings per share:
Net income	$	147,462	$	169,571	$	113,701
Denominator:
Weighted-average basic common shares outstanding	38,445		37,273		36,448
Assumed conversion of dilutive securities:
Stock options	1,678		1,973		2,513
Denominator for diluted earnings per share - Adjusted weighted-average shares	40,123		39,246		38,961
Earnings per common share:
Basic	$	3.84	$	4.55	$	3.12
Diluted	$	3.68	$	4.32	$	2.92

Share-based awards representing the right to purchase common stock of 888,000 shares in 2018, 1,343,000 shares in 2017, and 786,000 shares in 2016 were not included in the computation of diluted earnings per share because their inclusion would have had an anti-dilutive effect.