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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 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- and six- month periods ended June 30, 2016, and 2015 (in thousands, except per share data):

 

 

 

 

Three Months Ended June 30,

 

 

 

2016

 

2015

 

 

 

Net Income
(Numerator)

 

Shares
(Denominator)

 

Per Share
Amount

 

Net Income
(Numerator)

 

Shares
(Denominator)

 

Per Share
Amount

 

Basic earnings per share

 

$

141,969 

 

243,655 

 

$

.58

 

$

31,550 

 

241,900 

 

$

.13

 

Dilutive common share equivalents

 

 

1,737 

 

 

 

 

1,591 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per share

 

$

141,969 

 

245,392 

 

$

.58

 

$

31,550 

 

243,491 

 

$

.13

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30,

 

 

 

2016

 

2015

 

 

 

Net Income
(Numerator)

 

Shares
(Denominator)

 

Per Share
Amount

 

Net Income
(Numerator)

 

Shares
(Denominator)

 

Per Share
Amount

 

Basic earnings per share

 

$

204,706 

 

243,429 

 

$

.84

 

$

62,311 

 

241,718 

 

$

.26

 

Dilutive common share equivalents

 

 

1,571 

 

 

 

 

1,461 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per share

 

$

204,706 

 

245,000 

 

$

.84

 

$

62,311 

 

243,179 

 

$

.26