Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share and Other Equity Related Information (Tables)

v3.19.3
Earnings Per Share and Other Equity Related Information (Tables)
9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
Basic earnings per share is calculated using the Company’s weighted-average outstanding common shares, including vested restricted shares. When the effects are not anti-dilutive, diluted earnings per share is calculated using the weighted-average outstanding common shares; the dilutive effect of convertible preferred stock, under the “if converted” method; and the treasury stock method with regard to warrants and stock options; all as determined under the treasury stock method.
 
Three Months Ended September 30,
 
 
Nine Months Ended September 30,
 
2019
 
2018
 
 
2019
 
2018
Net income attributable to common shareholders
$
8,870

 
$
10,701

 
 
$
22,233

 
$
26,391

Basic weighted-average shares outstanding
46,555

 
45,854

 
 
46,413

 
45,599

Effect of dilutive securities:
 
 
 
 
 
 
 
 
Stock options
1,138

 
1,090

 
 
1,262

 
910

Diluted weighted-average shares outstanding
47,693

 
46,944

 
 
47,675

 
46,509