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EARNINGS PER SHARE
 3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
EARNINGS PER SHARE
The following table sets forth the computation of basic and diluted earnings per share:
 
Three Months Ended March 31,
 
2015
 
2014
Numerator:
 

 
 

Net income
$
68,354

 
$
56,453

Denominator:
 

 
 

Basic weighted average shares outstanding
76,242

 
80,648

Effect of dilutive securities - Stock options and awards
817

 
968

Diluted weighted average shares outstanding
77,059

 
81,616

Basic earnings per share
$
0.90

 
$
0.70

Diluted earnings per share
$
0.89

 
$
0.69


For the three months ended March 31, 2015 and 2014, common shares subject to equity-based awards of 407,290 and 263,415, respectively, were excluded from the computation of diluted earnings per share because the effect of their exercise would be anti-dilutive.