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Per Share Information
12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Per Share Information
PER SHARE INFORMATION:
The amounts used to compute the basic and diluted earnings per share attributable to common stock for the years ended December 31, 2017, 2016 and 2015 are illustrated below (in thousands):
 
 
Year Ended December 31,
 
 
2017
 
2016
 
2015
Amounts attributable to common stock:
 
 

 
 

 
 

Net income from continuing operations
 
$
314,978

 
$
198,725

 
$
120,286

Net income (loss) from discontinued operations
 

 
(342
)
 
190,621

Net income attributable to common stock
 
$
314,978

 
$
198,383

 
$
310,907

Weighted average shares:
 
 

 
 

 
 

Weighted average shares outstanding for basic earnings per share attributable to common stock
 
156,124

 
157,287

 
195,113

Effect of dilutive unvested non-participating stock-based awards
 
1,031

 
1

 
7

Weighted average shares outstanding for diluted earnings per share attributable to common stock
 
157,155

 
157,288

 
195,120



For purposes of calculating diluted earnings per share attributable to common stock, there were no adjustments required to derive Quanta’s net income attributable to common stock. Exchangeable shares that were issued pursuant to certain of Quanta’s historical acquisitions (as further discussed in Note 11), which are exchangeable on a one-for-one basis with shares of Quanta common stock, have been included in the calculation of weighted average shares outstanding for basic and diluted earnings per share attributable to common stock for the portion of the periods that they were outstanding. Additionally, unvested stock-based awards that contain non-forfeitable rights to dividends or dividend equivalents (participating) have been included in the calculation of basic and diluted earnings per share attributable to common stock for the portion of the periods that they were outstanding. Diluted earnings per share attributable to common stock is computed using the weighted average number of common shares outstanding during the period adjusted for all potentially dilutive common stock equivalents, except in cases where the effect of the common stock equivalents would be antidilutive.