Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v3.20.2
EARNINGS PER SHARE (Tables)
 6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings per Common Share
Basic and diluted earnings per common share were calculated as follows (in thousands, except per share amounts):
 
Three Months Ended June 30, Six Months Ended June 30,
2020 2019 2020 2019
Basic weighted average number of shares outstanding 37,599    38,266    37,842    38,136   
Effect of dilutive securities:
Unvested restricted stock 570    623    670    653   
Diluted average shares outstanding 38,169    38,889    38,512    38,789   
Net earnings $ 90,678    $ 50,828    $ 161,830    $ 76,240   
Basic earnings per share $ 2.41    $ 1.33    $ 4.28    $ 2.00   
Diluted earnings per share $ 2.38    $ 1.31    $ 4.20    $ 1.97