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Earnings Per Share (Tables)
 9 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Reconciliation of Basic and Diluted Earnings Per Share

The following tables set forth reconciliations of the basic and diluted earnings per share computations for the periods presented:

 

     Three Months Ended
September 30,		      Nine Months Ended
September 30,		  
Basic Earnings per Share    2018      2017      2018      2017  

Net income

    $ 22,049      $ 7,976      $ 48,197      $ 26,961  

Less: Income distributed to participating securities

      (507 )       (175 )       (1,091 )       (523 ) 

Less: Undistributed income allocable to participating securities

      (1,719 )       —          (2,518 )       —    
  

 

 

     

 

 

     

 

 

     

 

 

  

Net income available to common stockholders

    $ 19,823      $ 7,801      $ 44,588      $ 26,438  

Weighted average common shares (in thousands)

      150,892        134,709        145,149        134,552  
  

 

 

     

 

 

     

 

 

     

 

 

  

Basic earnings per share

    $ 0.13      $ 0.06      $ 0.31      $ 0.20  
  

 

 

     

 

 

     

 

 

     

 

 

  
     Three Months Ended
September 30,		      Nine Months Ended
September 30,		  
Diluted Earnings per Share    2018      2017      2018      2017  

Net income

    $ 22,049      $ 7,976      $ 48,197      $ 26,961  
  

 

 

     

 

 

     

 

 

     

 

 

  

Weighted Average Diluted Shares (in thousands):

            

Weighted average common shares

      150,892        134,709        145,149        134,552  

Dilutive effect of common stock equivalents

      9,730        1,224        10,435        1,216  
  

 

 

     

 

 

     

 

 

     

 

 

  

Weighted average diluted shares

      166,622        135,933        155,584        135,768  
  

 

 

     

 

 

     

 

 

     

 

 

  

Diluted earnings per share

    $ 0.13      $ 0.06      $ 0.31      $ 0.20