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Income Per Share (Tables)
12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Basis for Income per Share Computations

The following table presents the basis of the income per share computation:

 

     Years Ended December 31,  
     2014     2013     2012  
     (In thousands)  

Numerator for basic and diluted income per share:

      

Income from continuing operations

   $ 74,432      $ 104,734      $ 43,236   

Income (loss) from discontinued operations, net of tax

     579        (1,421     16,774   

Gain (loss) from disposal of discontinued operations, net of tax

     (562     —          134,480   
  

 

 

   

 

 

   

 

 

 

Net income

   $ 74,449      $ 103,313      $ 194,490   
  

 

 

   

 

 

   

 

 

 

Denominator:

      

Weighted average shares outstanding, basic

     43,273        43,871        45,097   

Effect of dilutive common stock equivalents

     724        866        845   
  

 

 

   

 

 

   

 

 

 

Weighted average shares outstanding, diluted

     43,997        44,737        45,942