XML 24 R13.htm IDEA: XBRL DOCUMENT
v3.10.0.1

EARNINGS PER SHARE | 9 Months Ended
--- | ---
Sep. 30, 2018
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | EARNINGS PER SHARE Basic and diluted earnings per common share were calculated as follows (in thousands, except per share amounts):
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2018 |  | 2017 |  | 2018 |  | 2017
Basic weighted average number of shares outstanding | 40,283 |  |  | 40,323 |  |  | 40,472 |  |  | 40,273 |
Effect of dilutive securities: |  |  |  |  |  |  |
Convertible debt (1) | — |  |  | 1,105 |  |  | — |  |  | 1,754 |
Unvested restricted stock | 572 |  |  | 583 |  |  | 628 |  |  | 558 |
Diluted average shares outstanding | 40,855 |  |  | 42,011 |  |  | 41,100 |  |  | 42,585 |
Net earnings as reported | $ | 54,135 |  |  | $ | 42,550 |  |  | $ | 151,847 |  |  | $ | 107,702 |
Interest attributable to Convertible Notes, net of income taxes (1) | — |  |  | 201 |  |  | — |  |  | 942 |
Net earnings for diluted earnings per share | $ | 54,135 |  |  | $ | 42,751 |  |  | $ | 151,847 |  |  | $ | 108,644 |
Basic earnings per share | $ | 1.34 |  |  | $ | 1.06 |  |  | $ | 3.75 |  |  | $ | 2.67 |
Diluted earnings per share (1) | $ | 1.33 |  |  | $ | 1.02 |  |  | $ | 3.69 |  |  | $ | 2.55 |
Antidilutive stock not included in the calculation of diluted earnings per share | — |  |  | 2 |  |  | 1 |  |  | 4 |
(1) | In accordance with ASC 260-10, Earnings Per Share, ("ASC 260-10") we calculate the dilutive effect of convertible securities using the "if-converted" method based on the number of days our Convertible Notes were outstanding during the period. All of the Convertible Notes were retired in the second half of 2017.

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