| Summary of computation of basic and diluted earnings per share |
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Three Months Ended June 30,
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Six Months Ended June 30,
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(in thousands except per share amounts)
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2019
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2018
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2019
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2018
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Net income
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$
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14,383
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$
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18,675
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$
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28,910
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$
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29,199
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Shares:
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Basic: Weighted average number of shares outstanding
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67,583
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67,949
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67,552
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64,791
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Plus: Incremental shares from assumed conversion of dilutive instruments
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5,938
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4,186
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5,410
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4,562
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Diluted: Weighted average number of shares outstanding
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73,521
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72,135
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72,962
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69,353
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Earnings per share
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Basic:
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$
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0.21
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$
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0.27
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$
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0.43
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$
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0.45
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Diluted:
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$
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0.20
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$
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0.26
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$
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0.40
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$
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0.42
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