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EARNINGS PER SHARE | 6 Months Ended
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Jun. 30, 2019
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | EARNINGS PER SHARE Earnings per share have been computed based on the following (average diluted shares outstanding are calculated using the treasury stock method):
| Three Months Ended June 30, |  | Six Months Ended June 30,
(In thousands, except per share data) | 2019 |  | 2018 |  | 2019 |  | 2018
Income from continuing operations | $ | 23,954 |  |  | $ | 33,711 |  |  | $ | 48,226 |  |  | $ | 59,082 |
Income from discontinued operations | 1,494 |  |  | 320 |  |  | 857 |  |  | 197 |
Net income | $ | 25,448 |  |  | $ | 34,031 |  |  | $ | 49,083 |  |  | $ | 59,279 |
Average number of common shares issued | 49,026 |  |  | 46,212 |  |  | 47,627 |  |  | 46,212 |
Less: average number of treasury shares | 754 |  |  | 788 |  |  | 736 |  |  | 828 |
Less: average number of unvested stock award shares | 354 |  |  | 435 |  |  | 384 |  |  | 428 |
Plus: average participating preferred shares | 1,043 |  |  | 1,043 |  |  | 1,043 |  |  | 1,043 |
Average number of basic shares outstanding | 48,961 |  |  | 46,032 |  |  | 47,550 |  |  | 45,999 |
Plus: dilutive effect of unvested stock award shares | 107 |  |  | 152 |  |  | 120 |  |  | 176 |
Plus: dilutive effect of stock options outstanding | 46 |  |  | 31 |  |  | 30 |  |  | 31 |
Average number of diluted shares outstanding | 49,114 |  |  | 46,215 |  |  | 47,700 |  |  | 46,206 |
Basic earnings per common share: |  |  |  |  |  |  |  |  |  |  |
Continuing operations | $ | 0.49 |  |  | $ | 0.73 |  |  | $ | 1.01 |  |  | $ | 1.29 |
Discontinued operations | 0.03 |  |  | 0.01 |  |  | 0.02 |  |  | — |
Total | $ | 0.52 |  |  | $ | 0.74 |  |  | $ | 1.03 |  |  | $ | 1.29 |
Diluted earnings per common share: |  |  |  |  |  |  |
Continuing operations | $ | 0.49 |  |  | $ | 0.73 |  |  | $ | 1.01 |  |  | $ | 1.28 |
Discontinued operations | 0.03 |  |  | 0.01 |  |  | 0.02 |  |  | — |
Total | $ | 0.52 |  |  | $ | 0.74 |  |  | $ | 1.03 |  |  | $ | 1.28 |
For the six months ended June 30, 2019, 269 thousand shares of restricted stock and 46 thousand options were anti-dilutive and therefore excluded from the earnings per share calculations. For the six months ended June 30, 2018, 252 thousand shares of restricted stock and 33 thousand options were anti-dilutive and therefore excluded from the earnings per share calculations.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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