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Per Share Information (Tables)
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Share

The amounts used to compute the basic and diluted earnings per share for the three and nine months ended September 30, 2016 and 2015 are illustrated below (in thousands):

 

     Three Months Ended
September 30,
     Nine Months Ended
September 30,
 
     2016      2015      2016      2015  

Amounts attributable to common stock:

           

Net income from continuing operations

   $ 73,137       $ 43,176       $ 110,195       $ 122,872   

Net income from discontinued operations

     605         173,212         605         193,109   
  

 

 

    

 

 

    

 

 

    

 

 

 

Net income attributable to common stock

   $ 73,742       $ 216,388       $ 110,800       $ 315,981   
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted average shares:

           

Weighted average shares outstanding for basic earnings per share

     155,024         188,951         158,090         206,181   

Effect of dilutive stock options

     —           10         —           12   
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted average shares outstanding for diluted earnings per share

     155,024         188,961         158,090         206,193