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Earnings Per Share
 9 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Earnings Per Share

NOTE 4.

Earnings Per Share

The following is a reconciliation of our earnings per share (in thousands, except for per share data):

 

 

Three Months Ended

September 30,

 

 

Nine Months Ended

September 30,

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income from continuing operations for basic and diluted earnings per share

$

25,764

 

 

$

11,588

 

 

$

53,987

 

 

$

23,700

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income from discontinued operations for basic and diluted earnings per share

 

88,846

 

 

 

3,746

 

 

 

98,842

 

 

 

11,510

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

114,610

 

 

 

15,334

 

 

 

152,829

 

 

 

35,210

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding - basic

 

33,399

 

 

 

33,227

 

 

 

33,387

 

 

 

33,217

 

Dilutive effect of stock options and restricted stock

 

206

 

 

 

108

 

 

 

161

 

 

 

106

 

Weighted average shares outstanding - diluted

 

33,605

 

 

 

33,335

 

 

 

33,548

 

 

 

33,323

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share from continuing operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.77

 

 

$

0.35

 

 

$

1.62

 

 

$

0.71

 

Diluted

$

0.77

 

 

$

0.35

 

 

$

1.61

 

 

$

0.71

 

Earnings per share from discontinued operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

$

2.66

 

 

$

0.11

 

 

$

2.96

 

 

$

0.35

 

Diluted

$

2.64

 

 

$

0.11

 

 

$

2.95

 

 

$

0.35

 

Earnings per share net income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

$

3.43

 

 

$

0.46

 

 

$

4.58

 

 

$

1.06

 

Diluted

$

3.41

 

 

$

0.46

 

 

$

4.56

 

 

$

1.06