Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v3.20.2
EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 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 September 30, Nine Months Ended September 30,
2020 2019 2020 2019
Basic weighted average number of shares outstanding 37,607  38,296  37,763  38,119 
Effect of dilutive securities:
Unvested restricted stock 798  783  728  722 
Diluted average shares outstanding 38,405  39,079  38,491  38,841 
Net earnings $ 109,118  $ 69,809  $ 270,948  $ 146,049 
Basic earnings per share $ 2.90  $ 1.82  $ 7.17  $ 3.83 
Diluted earnings per share $ 2.84  $ 1.79  $ 7.04  $ 3.76