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Earnings Per Share
 6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
The following table reconciles the numerators and denominators used in the computations of basic and diluted earnings per share from continuing operations (in thousands, except per share data):
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2015
 
2014
 
2015
 
2014
Numerator:
 
 
 
 
 
 
 
Income from continuing operations
$
32,589

 
$
6,455

 
$
81,919

 
$
28,414

Less: Net income attributable to noncontrolling interests
1,078

 
702

 
1,825

 
1,448

Less: Preferred stock dividends
—

 
2,235

 
—

 
11,381

Net income from continuing operations available
to common shareholders, basic and diluted
$
31,511

 
$
3,518

 
$
80,094

 
$
15,585

Denominator:
 
 
 
 
 
 
 
Basic weighted-average common shares outstanding
271,948

 
243,801

 
270,574

 
211,431

Add: Dilutive effect of stock options and restricted stock awards
7,153

 
8,535

 
7,508

 
8,538

Diluted weighted-average common shares outstanding
279,101

 
252,336

 
278,082

 
219,969

Earning per share from continuing operations:
 
 
 
 
 
 
 
Basic
$
0.12

 
$
0.01

 
$
0.30

 
$
0.07

Diluted
$
0.11

 
$
0.01

 
$
0.29

 
$
0.07


 
Basic earnings per share are based on the weighted-average number of common shares outstanding during each period. Diluted earnings per share are based on the weighted-average number of common shares outstanding plus the effect of all dilutive common stock equivalents during each period. The calculation of diluted weighted-average shares excludes the impact of 1 million common stock equivalents for each of the three and six months ended June 30, 2015 and 2014, as the inclusion would have been antidilutive.