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Earnings Per Share (Tables)
9 Months Ended
Sep. 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
September 30,
   
Nine Months Ended
September 30,
 
 
 
2019
 
 
2018
 
 
2019
 
 
2018
 
Basic Earnings per Share
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income
  $
4,152
    $
22,049
    $
15,455
    $
48,197
 
Less: Income distributed to participating securities
   
(539
)    
(507
)    
(1,622
)    
(1,091
)
Less: Undistributed income allocable to participating securities
   
     
(1,719
)    
(18
)    
(2,518
)
                                 
Net income available to common stockholders
  $
3,613
    $
19,823
    $
13,815
    $
44,588
 
Weighted average common shares (in thousands)
   
151,897
     
150,892
     
151,782
     
145,149
 
                                 
Basic earnings per share
  $
0.02
    $
0.13
    $
0.09
    $
0.31
 
                                 
             
 
Three Months Ended
September 30,
   
Nine Months Ended
September 30,
 
 
 
2019
 
 
2018
 
 
2019
 
 
2018
 
Diluted Earnings per Share
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income
  $
4,152
    $
22,049
    $
15,455
    $
48,197
 
                                 
Weighted Average Diluted Shares (in thousands)
:
   
     
     
     
 
Weighted average common shares
   
151,897
     
150,892
     
151,782
     
145,149
 
Dilutive effect of common stock equivalents
   
15,266
     
15,730
     
15,162
     
10,435
 
                                 
Weighted average diluted shares (in thousands)
   
167,163
     
166,622
     
166,944
     
155,584
 
                                 
Diluted earnings per share
  $
0.02
    $
0.13
    $
0.09
    $
0.31