Annual report pursuant to Section 13 and 15(d)

EARNINGS PER SHARE (Tables)

v3.20.4
EARNINGS PER SHARE (Tables)
 12 Months Ended
Dec. 31, 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):
 
Years Ended December 31,
2020 2019 2018
Basic weighted average number of shares outstanding 37,718  38,100  40,107 
Effect of dilutive securities:
Unvested restricted stock 766  791  621 
Diluted average shares outstanding 38,484  38,891  40,728 
Net earnings as reported $ 423,475  $ 249,663  $ 227,332 
Basic earnings per share $ 11.23  $ 6.55  $ 5.67 
Diluted earnings per share $ 11.00  $ 6.42  $ 5.58