Earnings Per Common Share (Tables)

12 Months Ended

Dec. 31, 2020

The following table sets forth the computation of basic and diluted EPS for the periods indicated:


	Years Ended December 31,
	2020		2019		2018
	(in thousands except per share amounts)
Basic EPS:
Net income	$	154,244	$	194,451	$	172,882
Less: Earnings allocated to participating securities

Nonvested restricted shares	712		1,530		1,892
Earnings allocated to common shareholders	$	153,532	$	192,921	$	170,990
Weighted average common shares outstanding	70,835		71,999		72,385
Basic earnings per common share	$	2.17	$	2.68	$	2.36
Diluted EPS:
Earnings allocated to common shareholders	$	153,532	$	192,921	$	170,990
Weighted average common shares outstanding	70,835		71,999		72,385
Dilutive effect of equity awards and warrants	45		33		5
Weighted average diluted common shares outstanding	70,880		72,032		72,390
Diluted earnings per common share	$	2.17	$	2.68	$	2.36
Potentially dilutive share options that were not included in the computation of diluted EPS because to do so would be anti-dilutive	289		8		4