EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2014

Schedule of Calculation of Numerator and Denominator in Earnings Per Share

A reconciliation of the numerator and denominator of the basic earnings per share computation to the numerator and denominator of the diluted earnings per share computation is as follows (in thousands, except per share data):

	For the Three Months Ended June 30,					For the Six Months Ended June 30,
	2014		2013			2014		2013
NUMERATOR
Basic:
Income from continuing operations	$	55,732	$	23,168		$	107,470	$	204,615
Loss from discontinued operations, net of taxes		—		(2,739	)		—		(3,094	)
Net income	$	55,732	$	20,429		$	107,470	$	201,521
Diluted:
Income from continuing operations	$	55,732	$	23,168		$	107,470	$	204,615
Loss from discontinued operations, net of taxes		—		(2,739	)		—		(3,094	)
Diluted net income	$	55,732	$	20,429		$	107,470	$	201,521
DENOMINATOR
Basic:
Weighted average common shares outstanding		116,114		107,400			115,944		103,755
Diluted:
Weighted average common shares outstanding		116,114		107,400			115,944		103,755
Effect of dilutive securities:
Stock options		835		1,284			899		1,420
Restricted stock-based compensation		247		307			236		258
Weighted average shares and assumed conversions		117,196		108,991			117,079		105,433
BASIC EARNINGS PER SHARE:
Income from continuing operations	$	0.48	$	0.22		$	0.93	$	1.97
Loss from discontinued operations, net of taxes		—		(0.03	)		—		(0.03	)
Net income	$	0.48	$	0.19		$	0.93	$	1.94
DILUTED EARNINGS PER SHARE:
Income from continuing operations	$	0.48	$	0.21		$	0.92	$	1.94
Loss from discontinued operations, net of taxes		—		(0.02	)		—		(0.03	)
Net income	$	0.48	$	0.19		$	0.92	$	1.91