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EARNINGS PER SHARE | 12 Months Ended
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Dec. 31, 2019
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | EARNINGS PER SHARE The following table sets forth the computation of basic and diluted earnings per share:
| Year Ended December 31,
| 2019 |  | 2018 |  | 2017
Numerator: |  |  |  |  |
Net income | $ | 293,109 |  |  | $ | 287,066 |  |  | $ | 247,503 |
Denominator: |  |  |  |  |
Basic weighted average shares outstanding | 61,960 |  |  | 64,886 |  |  | 65,739 |
Effect of dilutive securities - Stock options and awards | 698 |  |  | 796 |  |  | 904 |
Diluted weighted average shares outstanding | 62,658 |  |  | 65,682 |  |  | 66,643 |
Basic earnings per share | $ | 4.73 |  |  | $ | 4.42 |  |  | $ | 3.76 |
Diluted earnings per share | $ | 4.68 |  |  | $ | 4.37 |  |  | $ | 3.71 |
For the years ended December 31, 2019, 2018 and 2017, common shares subject to equity-based awards of 524,110, 324,688 and 157,033, respectively, were excluded from the computation of diluted earnings per share because the effect of their exercise would be anti-dilutive.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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