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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2015
Earnings Per Share  
Schedule of reconciliation of the numerators and denominators used in calculating basic and diluted earnings per share

 

The following table presents a reconciliation of the numerators and the denominators of the company’s basic and diluted earnings per share computations for the three- and six-month periods ended June 30, 2015 and 2014 (in thousands, except per share data):

 

 

 

Three Months Ended June 30,

 

 

 

2015

 

2014

 

 

 

Net Income
(Numerator)

 

Shares
(Denominator)

 

Per Share
Amount

 

Net Income
(Numerator)

 

Shares
(Denominator)

 

Per Share
Amount

 

Basic earnings per share

 

$

31,550 

 

241,900 

 

$

.13

 

$

72,303 

 

226,220 

 

$

.32

 

Dilutive common share equivalents

 

 

1,591 

 

 

 

 

1,789 

 

 

 

5.125% Convertible Senior Notes, net of tax

 

 

 

 

 

1,969 

 

14,039 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per share

 

$

31,550 

 

243,491 

 

$

.13

 

$

74,272 

 

242,048 

 

$

.31

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30,

 

 

 

2015

 

2014

 

 

 

Net Income
(Numerator)

 

Shares
(Denominator)

 

Per Share
Amount

 

Net Income
(Numerator)

 

Shares
(Denominator)

 

Per Share
Amount

 

Basic earnings per share

 

$

62,311 

 

241,718 

 

$

.26

 

$

110,882 

 

224,615 

 

$

.49

 

Dilutive common share equivalents

 

 

1,461 

 

 

 

 

1,699 

 

 

 

5.125% convertible senior notes, net of tax

 

 

 

 

 

4,327 

 

15,407 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per share

 

$

62,311 

 

243,179 

 

$

.26

 

$

115,209 

 

241,721 

 

$

.48