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Earnings Per Share
3 Months Ended
Mar. 31, 2017
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 March 31,
 
2017
 
2016
Numerator:
 
 
 
Income from continuing operations
$
77,722

 
$
92,919

Less: Net income attributable to noncontrolling interests
1,306

 
1,102

Net income from continuing operations available to common stockholders, basic and diluted
$
76,416

 
$
91,817

Denominator:
 
 
 
Basic weighted-average common shares outstanding
277,353

 
275,568

Add: Dilutive effect of stock options and restricted stock awards
2,206

 
6,395

Diluted weighted-average common shares outstanding
279,559

 
281,963

Earning per share from continuing operations:
 
 
 
Basic
$
0.28

 
$
0.33

Diluted
$
0.27

 
$
0.33


 
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 3 million and 1 million of anti-dilutive common stock equivalents for each of the three months ended March 31, 2017 and 2016, respectively.