Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2016

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 nine months ended September 30, 2016 and 2015 (in thousands, except per share amounts):



	Three Months Ended September 30,				Nine Months Ended September 30,
	2016		2015		2016		2015
Earnings per common share:
Net income (loss) per share - basic
Income from continuing operations	$	45,491	$	60,021	$	177,675	$	108,358
Income (loss) from discontinued operations	—		510		—		1,296
Net income attributable to common stockholders	$	45,491	$	60,531	$	177,675	$	109,654

Weighted average common shares outstanding (in thousands)	38,896		42,437		39,719		44,038
Earnings per share:
Continuing operations	$	1.17	$	1.41	$	4.47	$	2.46
Discontinued operations	—		0.01		—		0.03
Total earnings per share	$	1.17	$	1.42	$	4.47	$	2.49



Earnings per common share - assuming dilution:
Net income (loss) per share - diluted
Income from continuing operations	$	45,491	$	60,021	$	177,675	$	108,358
Income (loss) from discontinued operations	—		510		—		1,296
Net income attributable to common stockholders	$	45,491	$	60,531	$	177,675	$	109,654
Weighted average common shares outstanding (in thousands)	38,896		42,437		39,719		44,038
Common equivalent shares:
Dilutive options	278		323		270		351
Weighted average common shares outstanding - assuming dilution (in thousands)	39,174		42,760		39,989		44,389

Earnings per share:
Continuing operations	$	1.16	$	1.40	$	4.44	$	2.44
Discontinued operations	—		0.01		—		0.03
Earnings per share - assuming dilution	$	1.16	$	1.41	$	4.44	$	2.47