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Earnings Per Share
9 Months Ended
Sep. 30, 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 (in thousands, except per share amounts):

 
 
Three Months Ended
 
Nine Months Ended
 
 
September 30,
 
September 30,
 
 
2019
 
2018
 
2019
 
2018
Numerator:
 
 
 
 
 
 
 
 
Net income
 
$
34,761

 
$
33,325

 
$
110,464

 
$
105,131

 
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
 
Weighted-average common shares for calculating basic earnings per share
 
42,957

 
43,981

 
43,183

 
45,107

Effect of dilutive securities:
 
 
 
 
 
 
 
 
Stock options and restricted stock unit awards
 
210

 
135

 
175

 
97

Weighted-average common shares for calculating diluted earnings per share
 
43,167

 
44,116

 
43,358

 
45,204

 
 
 
 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
 
 
 
Basic
 
$
0.81

 
$
0.76

 
$
2.56

 
$
2.33

Diluted
 
$
0.81

 
$
0.76

 
$
2.55

 
$
2.33