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Earnings Per Share
12 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Earnings Per Share

NOTE 3. Earnings Per Share

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

 

 

Years Ended, December 31,

 

 

2018

 

 

2017

 

 

2016

 

 

 

 

 

 

 

 

 

 

 

 

 

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

$

87,661

 

 

$

120,014

 

 

$

57,646

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

114,079

 

 

 

15,139

 

 

 

17,159

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

201,740

 

 

 

135,153

 

 

 

74,805

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding - basic

 

33,393

 

 

 

33,220

 

 

 

33,841

 

 

 

 

 

 

 

 

 

 

 

 

 

Dilutive effect of stock options and restricted stock

 

167

 

 

 

130

 

 

 

108

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding - diluted

 

33,560

 

 

 

33,350

 

 

 

33,949

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share from continuing operations

 

 

 

 

 

 

 

 

 

 

 

Basic

$

2.62

 

 

$

3.61

 

 

$

1.70

 

Diluted

$

2.61

 

 

$

3.60

 

 

$

1.70

 

Earnings per share from discontinued operations

 

 

 

 

 

 

 

 

 

 

 

Basic

$

3.42

 

 

$

0.46

 

 

$

0.51

 

Diluted

$

3.40

 

 

$

0.45

 

 

$

0.51

 

Earnings per share net income

 

 

 

 

 

 

 

 

 

 

 

Basic

$

6.04

 

 

$

4.07

 

 

$

2.21

 

Diluted

$

6.01

 

 

$

4.05

 

 

$

2.20