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EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2020
EARNINGS PER SHARE  
Computation of basic and diluted earnings per share

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

Year Ended December 31, 

    

2020

    

2019

    

2018

Numerator:

 

  

 

  

 

  

Net income

$

206,115

$

293,109

$

287,066

Denominator (shares in 000's):

 

  

 

  

 

  

Basic weighted average shares outstanding

 

59,633

 

61,960

 

64,886

Effect of dilutive securities - Stock options and awards

 

615

 

698

 

796

Diluted weighted average shares outstanding

 

60,248

 

62,658

 

65,682

Basic earnings per share

$

3.46

$

4.73

$

4.42

Diluted earnings per share

$

3.42

$

4.68

$

4.37