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Earnings Per Share
 3 Months Ended
Mar. 31, 2020
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
 
 
March 31,
 
 
2020
 
2019
Numerator:
 
 
 
 
Net income
 
$
32,918

 
$
42,655

 
 
 
 
 
Denominator:
 
 
 
 
Weighted-average common shares for calculating basic earnings per share
 
41,912

 
43,518

Effect of dilutive securities:
 
 
 
 
Stock options and restricted stock unit awards
 
95

 
140

Weighted-average common shares for calculating diluted earnings per share
 
42,007

 
43,658

 
 
 
 
 
Earnings per share:
 
 
 
 
Basic
 
$
0.79

 
$
0.98

Diluted
 
$
0.78

 
$
0.98