Earnings per Share

3 Months Ended

Mar. 31, 2016

EARNINGS PER COMMON SHARE:

The following table sets forth the computation of basic and diluted earnings per common share for the three months ended March 31, 2016 and 2015 (in thousands, except per share amounts):



	Three Months Ended
	March 31,
	2016		2015
Numerator:
Net income	$	27,019	$	23,904
Denominators:
Weighted average Class A common shares outstanding - Basic	57,025		55,826
Weighted average Class B common shares outstanding	793		1,002
Dilutive effect of employee stock-based awards	146		293
Weighted average shares - Diluted	57,964		57,121

Basic earnings per common share	$	0.47	$	0.43
Diluted earnings per common share	$	0.47	$	0.42

The following total number of Class A Common Stock shares issuable under the assumed exercise of stock-based awards computed based on the treasury stock method were excluded from the calculation of diluted earnings per common share, as the effect of including these shares would have been antidilutive (in thousands):



	Three Months Ended
	March 31,
	2016	2015
Antidilutive shares	1,311	503