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Net Income per Share (Tables) | 3 Months Ended
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Mar. 31, 2019
Earnings Per Share [Abstract] |
Summary of the net income allocated to common shares and the basic and diluted shares used in the net income per share computations | The following table summarizes the net income allocated to common shares and the basic and diluted shares used in the net income per share computations:
| Three Months Ended March 31,
(in thousands) | 2019 | 2018
Net income | $ | 76,289 |  | $ | 49,991 |
Less distributed and undistributed earnings allocated to participating securities | (1,031 | ) | (585 | )
Net income allocated to common shares | $ | 75,258 |  | $ | 49,406 |
Weighted average common shares outstanding | 40,508 |  | 41,224 |
Incremental shares from assumed LTIP awards and conversions of common stock options | 142 |  | 493 |
Adjusted weighted average common shares outstanding | 40,650 |  | 41,717 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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