XML 68 R51.htm IDEA: XBRL DOCUMENT v3.19.2
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 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
June 30,
   
Six Months Ended
June 30,
 
Basic Earnings per Share
 
2019
     
2018
   
2019
   
2018
 
Net income
  $
2,479
    $
16,724
    $
11,303
    $
26,148
 
Less: Income distributed to participating securities
   
(539
)    
(513
)    
(1,083
)    
(584
)
Less: Undistributed income allocable to participating securities
   
—  
     
(1,101
)    
(117
)    
(999
)
                                 
Net income available to common stockholders
  $
1,940
    $
15,110
    $
10,103
    $
24,565
 
Weighted average common shares (in thousands)
   
151,818
     
149,056
     
151,722
     
142,230
 
                                 
Basic earnings per share
  $
0.01
    $
0.10
    $
0.07
    $
0.17
 
                                 
 
 
Three Months Ended
June 30,
   
Six Months Ended
June 30,
 
Diluted Earnings per Share
 
2019
   
2018
   
2019
   
2018
 
Net income
  $
2,479
    $
16,724
    $
11,303
    $
26,148
 
                                 
Weighted Average Diluted Shares (in thousands)
:
   
     
     
     
 
Weighted average common shares
   
151,818
     
149,056
     
151,722
     
142,230
 
Dilutive effect of common stock equivalents
   
15,431
     
14,290
     
15,133
     
7,749
 
                                 
Weighted average diluted shares
   
167,249
     
163,346
     
166,855
     
149,979
 
                                 
Diluted earnings per share
  $
0.01
    $
0.10
    $
0.07
    $
0.17