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EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2016
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 June 30,
 
Six Months Ended June 30,
 
2016
 
2015
 
2016
 
2015
Numerator:
 

 
 

 
 

 
 

Net income
$
31,317

 
$
70,898

 
$
84,955

 
$
139,252

Denominator (shares in 000's):
 

 
 

 
 

 
 

Basic weighted average shares outstanding
68,181

 
75,000

 
68,883

 
75,621

Effect of dilutive securities - Stock options and awards
709

 
773

 
686

 
795

Diluted weighted average shares outstanding
68,890

 
75,773

 
69,569

 
76,416

Basic earnings per share
$
0.46

 
$
0.95

 
$
1.23

 
$
1.84

Diluted earnings per share
$
0.45

 
$
0.94

 
$
1.22

 
$
1.82