Annual report pursuant to Section 13 and 15(d)

Earnings Per Share

v3.20.1
Earnings Per Share
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Earnings Per Share

18. Earnings Per Share

The following table presents the calculation of our basic and diluted EPS (in thousands, except per share data):

  

For The Years Ended December 31,

(in thousands, except per share data)

  

2019

2018

2017

Basic and diluted EPS:

  

  

  

Numerator:

  

  

  

Net Income

  

$

34,851

  

$

87,962

  

$

126,583

Denominator:

  

  

  

Weighted average shares outstanding (1)

  

74,439

  

74,712

  

71,448

Basic and diluted EPS

  

$

0.47

  

$

1.18

  

$

1.77

(1)Gives effect to the stock split effected in connection with our initial public offering during November 2017 as if the stock split was effected on January 1, 2017.