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NET INCOME PER COMMON SHARE
9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
NET INCOME PER COMMON SHARE NET INCOME PER COMMON SHARE
Basic earnings per common share is calculated based on the weighted average number of common shares outstanding during the period, including vested shares deferred under our non-qualified deferred compensation plan. Diluted earnings per common share is determined based on the weighted average number of common shares outstanding during the period combined with the incremental average common shares that would have been outstanding assuming the conversion of all potentially dilutive common shares into common shares as of the earliest date possible. The calculation of basic and diluted net income attributable to common stockholders per common share is determined using net income attributable to common stockholders as the numerator and the number of shares included in the denominator as shown below (in thousands, except per share amounts).
Three Months Ended
September 30,
Nine Months Ended
September 30,
2022202120222021
Basic net income attributable to common stockholders per share:
Net income attributable to common stockholders$36,170 $11,008 $70,796 $26,477 
Weighted average common shares outstanding48,515 49,974 48,849 51,116 
Basic net income attributable to common stockholders per share$0.75 $0.22 $1.45 $0.52 
Diluted net income attributable to common stockholders per share:
Net income attributable to common stockholders$36,170 $11,008 $70,796 $26,477 
Weighted average common shares outstanding48,515 49,974 48,849 51,116 
Dilutive stock options and restricted stock887 607 802 669 
Diluted weighted average common shares outstanding49,402 50,581 49,651 51,785 
Diluted net income attributable to common stockholders per share$0.73 $0.22 $1.43 $0.51