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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Schedule of computation of basic and diluted earnings per share
The following table sets forth the computation of basic and diluted earnings per share:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2014
 
2013
 
2014
 
2013
Numerator:
 

 
 

 
 

 
 

Net income
$
45,689

 
$
66,044

 
$
179,474

 
$
205,456

Denominator:
 

 
 

 
 

 
 

Basic weighted average shares outstanding
78,817

 
81,644

 
79,779

 
82,260

Effect of dilutive securities - Stock options and awards
908

 
1,063

 
923

 
1,054

Diluted weighted average shares outstanding
79,725

 
82,707

 
80,702

 
83,314

Basic earnings per share
$
0.58

 
$
0.81

 
$
2.25

 
$
2.50

Diluted earnings per share
$
0.57

 
$
0.80

 
$
2.22

 
$
2.47