A summary of the numerator and denominator of the basic and diluted earnings per common share is presented below.


	Three Months Ended							Three Months Ended
	September 30, 2016							September 30, 2015
	Income			Shares*		Per Share		Income			Shares*		Per Share
	(Numerator)			(Denominator)		Amount		(Numerator)			(Denominator)		Amount
Net income	$	11,333						$	7,371
Less: Income attributable to participating securities		(557	)						(437	)

Basic Earnings Per Share:
Income allocated to common stockholders		10,776			9,209	$	1.17		6,934			9,635	$	0.72

Effect of Dilutive Securities:
Stock options		—			62				—			85
Convertible senior notes		1,028			1,447				1,132			1,651

Diluted Earnings Per Share:
Income available to common stockholders and assumed conversions	$	11,804			10,718	$	1.10	$	8,066			11,371	$	0.71


	Nine Months Ended							Nine Months Ended
	September 30, 2016							September 30, 2015
	Income			Shares*		Per Share		Income			Shares*		Per Share
	(Numerator)			(Denominator)		Amount		(Numerator)			(Denominator)		Amount
Net income	$	24,413						$	54,771
Less: Income attributable to participating securities		(1,158	)						(3,182	)

Basic Earnings Per Share:
Income allocated to common stockholders		23,255			9,395	$	2.48		51,589			9,585	$	5.38

Effect of Dilutive Securities:
Stock options		—			62				—			112
Convertible senior notes		3,206			1,507				3,363			1,650

Diluted Earnings Per Share:
Income available to common stockholders and assumed conversions	$	26,461			10,964	$	2.41	$	54,952			11,347	$	4.84

*	weighted-average