XML 57 R23.htm IDEA: XBRL DOCUMENT v2.4.0.8
Basis of Consolidation and Presentation (Tables)
6 Months Ended
Jun. 30, 2014
Calculation of Basic and Diluted Net Income per Share

The following table presents information necessary to calculate net income per share for the three and six months ended June 30, 2014 and 2013 as well as potentially dilutive securities excluded from the weighted average number of diluted common shares outstanding because their inclusion would have been anti-dilutive (in thousands, except per share amounts):

 

     Three Months Ended
June 30,
    Six Months Ended
June 30,
 
     2014     2013     2014     2013  

BASIC EPS:

        

Net income

   $ 54,283      $ 40,768      $ 89,105      $ 96,998   

Adjust for income attributed to holders of non-vested restricted stock

     (559     (392     (910     (882
  

 

 

   

 

 

   

 

 

   

 

 

 

Income attributed to common stockholders

   $ 53,724      $ 40,376      $ 88,195      $ 96,116   
  

 

 

   

 

 

   

 

 

   

 

 

 

Weighted average number of common shares outstanding, excluding non-vested shares of restricted stock

     143,622        145,465        143,259        145,148   
  

 

 

   

 

 

   

 

 

   

 

 

 

Basic net income per common share

   $ 0.37      $ 0.28      $ 0.62      $ 0.66   
  

 

 

   

 

 

   

 

 

   

 

 

 

DILUTED EPS:

        

Income attributed to common stockholders

   $ 53,724      $ 40,376      $ 88,195      $ 96,116   
  

 

 

   

 

 

   

 

 

   

 

 

 

Weighted average number of common shares outstanding, excluding non-vested shares of restricted stock

     143,622        145,465        143,259        145,148   

Add dilutive effect of potential common shares

     2,407        909        2,327        1,144   
  

 

 

   

 

 

   

 

 

   

 

 

 

Weighted average number of diluted common shares outstanding

     146,029        146,374        145,586        146,292   
  

 

 

   

 

 

   

 

 

   

 

 

 

Diluted net income per common share

   $ 0.37      $ 0.28      $ 0.61      $ 0.66   
  

 

 

   

 

 

   

 

 

   

 

 

 

Potentially dilutive securities excluded as anti-dilutive

     432        4,015        432        4,065