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EARNINGS PER SHARE | 12 Months Ended
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Dec. 31, 2017
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | 13. EARNINGS PER SHARE The Corporation is required to report both basic earnings per share (EPS), based on the weighted-average number of common shares outstanding, and diluted earnings per share, based on the basic EPS adjusted for all potentially dilutive shares issuable. As of December 31, 2017, 2016, and 2015, there were no options outstanding that were considered anti-dilutive. Earnings per share calculations for the years ended December 31, 2017, 2016, and 2015, are as follows:
(In thousands, except per share data) |  | Earnings from continuing operations |  | Weighted- Average Shares Outstanding |  | Earnings per share from continuing operations
2017 |  |  |  |  |  |
Basic earnings per share from continuing operations |  | $ | 214,891 |  |  | 44,182 |  |  | $ | 4.86 |
Dilutive effect of stock options and deferred stock compensation |  |  |  | 579 |  |  |
Diluted earnings per share from continuing operations |  | $ | 214,891 |  |  | 44,761 |  |  | $ | 4.80 |
2016 |  |  |  |  |  |
Basic earnings per share from continuing operations |  | $ | 189,382 |  |  | 44,389 |  |  | $ | 4.27 |
Dilutive effect of stock options and deferred stock compensation |  |  |  | 656 |  |  |
Diluted earnings per share from continuing operations |  | $ | 189,382 |  |  | 45,045 |  |  | $ | 4.20 |
2015 |  |  |  |  |  |
Basic earnings per share from continuing operations |  | $ | 192,248 |  |  | 46,624 |  |  | $ | 4.12 |
Dilutive effect of stock options and deferred stock compensation |  |  |  | 992 |  |  |
Diluted earnings per share from continuing operations |  | $ | 192,248 |  |  | 47,616 |  |  | $ | 4.04 |

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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