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Earnings Per Share | 12 Months Ended
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Dec. 31, 2016
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | EARNINGS PER SHARE The following table presents the calculation of basic and diluted earnings per common share from continuing operations:
|  | Years ended December 31,
|  | 2016 |  | 2015 |  | 2014
|  | (In thousands, except per share amounts)
Earnings per share — Basic: |  |  |  |  |  |
Earnings from continuing operations |  | $ | 264,640 |  |  | 305,989 |  |  | 220,225 |
Less: Distributed and undistributed earnings allocated to unvested stock |  | (840 | ) |  | (877 | ) |  | (858 | )
Earnings from continuing operations available to common shareholders — Basic |  | $ | 263,800 |  |  | 305,112 |  |  | 219,367 |
Weighted average common shares outstanding— Basic |  | 53,015 |  |  | 52,814 |  |  | 52,536 |
Earnings from continuing operations per common share — Basic |  | $ | 4.98 |  |  | 5.78 |  |  | 4.18 |
Earnings per share — Diluted: |  |  |  |  |  |
Earnings from continuing operations |  | $ | 264,640 |  |  | 305,989 |  |  | 220,225 |
Less: Distributed and undistributed earnings allocated to unvested stock |  | (836 | ) |  | (872 | ) |  | (853 | )
Earnings from continuing operations available to common shareholders — Diluted |  | $ | 263,804 |  |  | 305,117 |  |  | 219,372 |
Weighted average common shares outstanding— Basic |  | 53,015 |  |  | 52,814 |  |  | 52,536 |
Effect of dilutive equity awards |  | 346 |  |  | 446 |  |  | 500 |
Weighted average common shares outstanding— Diluted |  | 53,361 |  |  | 53,260 |  |  | 53,036 |
Earnings from continuing operations per common share — Diluted |  | $ | 4.94 |  |  | 5.73 |  |  | 4.14 |
Anti-dilutive equity awards and market-based restrictive stock rights not included above |  | 716 |  |  | 392 |  |  | 161 |

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