XML 25 R13.htm IDEA: XBRL DOCUMENT
v3.19.2

Earnings per Share | 6 Months Ended
--- | ---
Jun. 30, 2019
Earnings Per Share [Abstract] |
Earnings per Share |
6. | Earnings per Share
Basic earnings per share is computed by dividing net income attributable to shareholders by the weighted average number of shares of common stock and vested deferred stock units (“DSUs”) outstanding during the year. The computation of diluted earnings per share is similar to the computation of basic earnings per share, except that the denominator is increased for the assumed exercise of dilutive options and assumed issuance of unvested performance-based awards for which the performance condition has been met as of the date of determination using the treasury stock method unless the effect is anti-dilutive. The treasury stock method assumes that proceeds, including cash received from the exercise of employee stock options and the average unrecognized compensation expense for unvested share-based compensation awards, would be used to purchase the Company’s common stock at the average market price during the period. The following table summarizes net income attributable to shareholders and reconciles basic and diluted shares outstanding used in the earnings per share computations:
| Three Months Ended June 30, |  | Six Months Ended June 30,
(In thousands) | 2019 |  | 2018 |  | 2019 |  | 2018
Net income attributable to shareholders | $ | 13,807 |  |  | $ | 38,424 |  |  | $ | 29,941 |  |  | $ | 90,394 |
Weighted average common shares outstanding – Basic | 43,329 |  |  | 43,181 |  |  | 43,277 |  |  | 43,116 |
Dilutive impact of share-based compensation awards | 432 |  |  | 365 |  |  | 390 |  |  | 408 |
Weighted average common shares outstanding – Diluted | 43,761 |  |  | 43,546 |  |  | 43,667 |  |  | 43,524 |
For the three and six months ended June 30, 2019 and 2018, an immaterial number of outstanding share-based compensation awards were excluded from the computation of diluted earnings per share, as the effect of including these awards would be anti-dilutive.

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 The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration