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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Reconciliation of Basic and Diluted Earnings Per Share Computations
The following table provides a reconciliation of basic and diluted earnings per share computations for the three and six months ended June 30, 2016 and 2015 (in thousands, except per share amounts):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2016
 
2015
 
2016
 
2015
Earnings per common share:
 
 
 
 
 
 
 
Net income (loss) per share - basic
 
 
 
 
 
 
 
Income from continuing operations
$
46,310

 
$
24,820

 
$
132,184

 
$
48,337

Income (loss) from discontinued operations

 
1,371

 

 
786

Net income attributable to common stockholders
$
46,310

 
$
26,191

 
$
132,184

 
$
49,123

 
 
 
 
 
 
 
 
Weighted average common shares outstanding (in thousands)
39,360

 
44,078

 
40,134

 
44,851

Earnings per share:
 
 
 
 
 
 
 
Continuing operations
$
1.18

 
$
0.56

 
$
3.29

 
$
1.07

Discontinued operations

 
0.03

 

 
0.02

Total earnings per share
$
1.18

 
$
0.59

 
$
3.29

 
$
1.09

 
 
 
 
 
 
 
 
 
Earnings per common share - assuming dilution:
 
 
 
 
 
 
 
Net income (loss) per share - diluted
 
 
 
 
 
 
 
Income from continuing operations
$
46,310

 
$
24,820

 
$
132,184

 
$
48,337

Income (loss) from discontinued operations

 
1,371

 

 
786

Net income attributable to common stockholders
$
46,310

 
$
26,191

 
$
132,184

 
$
49,123

Weighted average common shares outstanding (in thousands)
39,360

 
44,078

 
40,134

 
44,851

Common equivalent shares:
 
 
 
 
 
 
 
Dilutive options
360

 
331

 
371

 
367

Weighted average common shares outstanding - assuming dilution (in thousands)
39,720


44,409

 
40,505

 
45,218

 
 
 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
 
 
Continuing operations
$
1.17

 
$
0.56

 
$
3.26

 
$
1.07

Discontinued operations

 
0.03

 

 
0.02

Earnings per share - assuming dilution
$
1.17

 
$
0.59

 
$
3.26

 
$
1.09