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NET INCOME PER SHARE | 6 Months Ended
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Jun. 30, 2022
Earnings Per Share [Abstract] |
NET INCOME PER SHARE | NET INCOME PER SHARE Basic and diluted net income per share was as follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
Dollars in thousands, except per share amounts | 2022 |  | 2021 |  | 2022 |  | 2021
Basic net income per share: |  |  |  |  |  |  |
Net income | $ | 44,788 |  |  | $ | 35,068 |  |  | $ | 77,689 |  |  | $ | 80,462 |
Weighted average common shares outstanding | 83,168 |  |  | 84,687 |  |  | 83,400 |  |  | 84,593 |
Basic net income per common share | $ | 0.54 |  |  | $ | 0.41 |  |  | $ | 0.93 |  |  | $ | 0.95 |
Diluted net income per share: |  |  |  |  |  |  |
Net income | $ | 44,788 |  |  | $ | 35,068 |  |  | $ | 77,689 |  |  | $ | 80,462 |
Weighted average common shares outstanding — Basic | 83,168 |  |  | 84,687 |  |  | 83,400 |  |  | 84,593 |
Effect of dilutive securities: |  |  |  |  |  |  |
Stock options and restricted stock | 454 |  |  | 653 |  |  | 579 |  |  | 731 |
Weighted average common shares for diluted earnings per share | 83,622 |  |  | 85,340 |  |  | 83,979 |  |  | 85,324 |
Diluted net income per common share | $ | 0.54 |  |  | $ | 0.41 |  |  | $ | 0.93 |  |  | $ | 0.94 |
Common stock of approximately 0.2 million an d 0.1 million shares at June 30, 2022, and 2021, res pectively that are issuable through exercise of dilutive securities were not included in the computation of diluted net income per share because their effect would have been anti-dilutive. Based on the adoption of ASU 2020-06, as the principal amount of the 2025 Notes will be paid in cash and only the conversion spread is settled in shares, the Company will be utilizing the if-converted method and only includes the net number of incremental shares that would be issued upon conversion.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI https://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
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