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Earnings per Share
 6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Earnings per Share
Earnings per share
Basic earnings per share ("EPS") are computed using the two-class method by dividing net income by the weighted average number of common shares outstanding for the period (the "common shares"). Diluted EPS is computed using the treasury method if more dilutive, by dividing net income by the common shares plus potential common shares issuable upon exercising options or other contracts. The following table reconciles the amounts used in calculating basic and diluted income per share (in thousands, except weighted average share and per share amounts):
 
Three months ended June 30,
 
Six months ended June 30,
 
2017
 
2016
 
2017
 
2016
Net income from continuing operations
$
33,895

 
$
18,594

 
$
36,138

 
$
34,629

Net income (loss) from discontinued operations
25

 
145,106

 
(122
)
 
154,478

Net income
$
33,920

 
$
163,700

 
$
36,016

 
$
189,107

 
 
 
 
 
 
 
 
Weighted average shares outstanding, basic and diluted
773,381,165

 
862,205,672

 
773,348,893

 
862,205,672

 
 
 
 
 
 
 
 
Income from continuing operations allocated to common shareholders per share
$
0.04

 
$
0.02

 
$
0.05

 
$
0.04

Income from discontinued operations allocated to common shareholders per share
$
—

 
$
0.17

 
$
—

 
$
0.18

Net income per common share, basic and diluted
$
0.04

 
$
0.19

 
$
0.05

 
$
0.22