XML 49 R26.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Earnings per Share (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2017
Earnings Per Share [Abstract] |
Calculation of earnings (loss) per share | The following table reconciles the numerators and denominators used to calculate basic and diluted EPS and also indicates the number of antidilutive securities.
|  | Three Months Ended March 31,
(In thousands, except per share data) |  | 2017 |  | 2016
Basic earnings per share: |  |  |  |
Net income |  | $ | 89,798 |  |  | $ | 69,191 |
Weighted average common shares outstanding |  | 341,009 |  |  | 340,144 |
Basic income per share |  | $ | 0.26 |  |  | $ | 0.20 |
Diluted earnings per share: |  |  |  |
Net income |  | $ | 89,798 |  |  | $ | 69,191 |
Interest expense, net of tax (1): |  |  |  |
2% Notes |  | 823 |  |  | 1,982 |
5% Notes |  | 1,282 |  |  | 2,678 |
9% Debentures |  | 3,757 |  |  | — |
Diluted income available to common shareholders |  | $ | 95,660 |  |  | $ | 73,851 |
Weighted average shares - basic |  | 341,009 |  |  | 340,144 |
Effect of dilutive securities: |  |  |  |
Unvested RSUs |  | 1,488 |  |  | 1,679 |
2% Notes |  | 29,859 |  |  | 71,917 |
5% Notes |  | 10,791 |  |  | 17,625 |
9% Debentures |  | 19,028 |  |  | — |
Weighted average shares - diluted |  | 402,175 |  |  | 431,365 |
Diluted income per share |  | $ | 0.24 |  |  | $ | 0.17 |
Antidilutive securities (in millions) |  | — |  |  | 23.3 |
(1) | Tax effected at a rate of 35%.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration