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EARNINGS PER SHARE | 9 Months Ended
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Sep. 30, 2019
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | EARNINGS PER SHARE Basic and diluted earnings per common share were calculated as follows (in thousands, except per share amounts):
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2019 |  | 2018 |  | 2019 |  | 2018
Basic weighted average number of shares outstanding | 38,296 |  |  | 40,283 |  |  | 38,119 |  |  | 40,472 |
Effect of dilutive securities: |  |  |  |  |  |  |
Unvested restricted stock | 783 |  |  | 572 |  |  | 722 |  |  | 628 |
Diluted average shares outstanding | 39,079 |  |  | 40,855 |  |  | 38,841 |  |  | 41,100 |
Net earnings | $ | 69,809 |  |  | $ | 54,135 |  |  | $ | 146,049 |  |  | $ | 151,847 |
Basic earnings per share | $ | 1.82 |  |  | $ | 1.34 |  |  | $ | 3.83 |  |  | $ | 3.75 |
Diluted earnings per share | $ | 1.79 |  |  | $ | 1.33 |  |  | $ | 3.76 |  |  | $ | 3.69 |

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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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