Schedule of Earnings Per Share, Basic and Diluted |
The following table sets forth the computation of basic and diluted earnings per share for the three and nine months ended September 30, 2022 and 2021: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | | 2022 | | 2021 | | 2022 | | 2021 | Numerator (in thousands): | | | | | | | | | Net income (Numerator for basic and dilutive earnings per share) | | $ | 90,390 | | | $ | 100,550 | | | $ | 292,452 | | | $ | 318,342 | | Denominator: | | | | | | | | | Basic weighted average shares outstanding | | 23,272,811 | | | 24,508,134 | | | 23,552,211 | | | 24,766,260 | | Effect of dilutive securities: | | | | | | | | | Stock-based compensation units | | 215,514 | | | 316,186 | | | 252,875 | | | 263,901 | | Diluted weighted average shares outstanding | | 23,488,325 | | | 24,824,320 | | | 23,805,086 | | | 25,030,161 | | | | | | | | | | | Basic earnings per share | | $ | 3.88 | | | $ | 4.10 | | | $ | 12.42 | | | $ | 12.85 | | Diluted earnings per share | | $ | 3.85 | | | $ | 4.05 | | | $ | 12.29 | | | $ | 12.72 | | Antidilutive non-vested restricted stock units excluded from calculation of diluted earnings per share | | 2,396 | | | 553 | | | 10,797 | | | 3,629 | |
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