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Earnings Per Share
9 Months Ended
Sep. 30, 2016
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 September 30,
 
Nine Months Ended September 30,
 
2016
 
2015
 
2016
 
2015
Numerator:
 
 
 
 
 
 
 
Income from continuing operations
$
42,256

 
$
123,124

 
$
210,370

 
$
205,043

Less: Net income attributable to noncontrolling interests
1,047

 
676

 
3,227

 
2,501

Net income from continuing operations available to common stockholders, basic and diluted
$
41,209

 
$
122,448

 
$
207,143

 
$
202,542

Denominator:
 
 
 
 
 
 
 
Basic weighted-average common shares outstanding
278,399

 
275,471

 
277,125

 
272,224

Add: Dilutive effect of stock options and restricted stock awards
5,063

 
5,924

 
5,794

 
6,624

Diluted weighted-average common shares outstanding
283,462

 
281,395

 
282,919

 
278,848

Earning per share from continuing operations:
 
 
 
 
 
 
 
Basic
$
0.15

 
$
0.44

 
$
0.75

 
$
0.74

Diluted
$
0.15

 
$
0.44

 
$
0.73

 
$
0.73


 
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 nine months ended September 30, 2016 and 2015, respectively.