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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2016
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 month periods ended March 31, 2016, and 2015 (in thousands, except per share data):

 

 

 

Three Months Ended March 31,

 

 

 

2016

 

2015

 

 

 

Net Income
(Numerator)

 

Shares
(Denominator)

 

Per Share
Amount

 

Net Income
(Numerator)

 

Shares
(Denominator)

 

Per Share
Amount

 

Basic earnings per share

 

$

62,737 

 

243,202 

 

$

0.26 

 

$

30,761 

 

241,535 

 

$

0.13 

 

Dilutive common share equivalents

 

 

1,406 

 

 

 

 

1,332 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per share

 

$

62,737 

 

244,608 

 

$

0.26 

 

$

30,761 

 

242,867 

 

$

0.13