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Earnings Per Share
12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Earnings Per Share

 

NOTE 13.      EARNINGS PER SHARE

 

The following is a reconciliation of shares outstanding for basic and diluted earnings per share for the years ended December 31, 2015, 2014 and 2013  (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

For the Years Ended December 31,

 

 

 

2015 

 

2014 

 

2013 

 

 

 

 

 

 

 

 

 

Shares outstanding for basic earnings per share:

 

92,601 

 

100,094 

 

106,318 

 

 

 

 

 

 

 

 

 

Shares outstanding for diluted earnings per share:

 

 

 

 

 

 

 

Shares outstanding for basic earnings per share

 

92,601 

 

100,094 

 

106,318 

 

Dilutive effect of share-based payment awards

 

1,048 

 

1,409 

 

1,652 

 

 

 

93,649 

 

101,503 

 

107,970 

 

 

Certain options to acquire shares have been excluded from the calculation of shares outstanding for dilutive earnings per share because they were anti-dilutive. The following table presents information concerning those anti-dilutive options for the years ended December 31, 2015, 2014 and 2013 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

For the Years Ended December 31,

 

 

2015 

 

2014 

 

2013 

 

 

 

 

 

 

 

 

 

Weighted average number of shares underlying anti-dilutive options

 

644 

 

644 

 

1,054