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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2019
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 March 31,
 
Basic Earnings per Share
 
2019
 
 
2018
 
Net income
 
$
8,824
 
 
$
9,424
 
Less: Income distributed to participating securities
 
 
(544
)
 
 
(71
)
Less: Undistributed income allocable to participating securities
 
 
(391
)
 
 
(85
)
Net income available to common stockholders
 
$
7,889
 
 
$
9,268
 
Weighted average common shares (in thousands)
 
 
151,625
 
 
 
135,329
 
Basic earnings per share
 
$
0.05
 
 
$
0.07
 
 
 
 
 
Three Months Ended March 31,
 
Diluted Earnings per Share
 
2019
 
 
2018
 
Net income
 
$
8,824
 
 
$
9,424
 
Weighted Average Diluted Shares (in thousands):
 
 
 
 
 
 
 
 
Weighted average common shares
 
 
151,625
 
 
 
135,329
 
Dilutive effect of common stock equivalents
 
 
15,186
 
 
 
1,139
 
Weighted average diluted shares
 
 
166,811
 
 
 
136,468
 
Diluted earnings per share
 
$
0.05
 
 
$
0.07