EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 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 September 30,					For the Nine Months Ended September 30,
	2014		2013			2014		2013
NUMERATOR
Basic:
Income from continuing operations	$	57,546	$	52,506		$	165,016	$	257,121
Loss from discontinued operations, net of taxes		—		(663	)		—		(3,757	)
Net income	$	57,546	$	51,843		$	165,016	$	253,364
Diluted:
Income from continuing operations	$	57,546	$	52,506		$	165,016	$	257,121
Loss from discontinued operations, net of taxes		—		(663	)		—		(3,757	)
Diluted net income	$	57,546	$	51,843		$	165,016	$	253,364
DENOMINATOR
Basic:
Weighted average common shares outstanding		116,185		115,282			116,025		107,640
Diluted:
Weighted average common shares outstanding		116,185		115,282			116,025		107,640
Effect of dilutive securities:
Stock options		886		1,165			895		1,335
Restricted stock-based compensation		318		425			263		325
Weighted average shares and assumed conversions		117,389		116,872			117,183		109,300
BASIC EARNINGS PER SHARE:
Income from continuing operations	$	0.50	$	0.46		$	1.42	$	2.38
Loss from discontinued operations, net of taxes		—		(0.01	)		—		(0.03	)
Net income	$	0.50	$	0.45		$	1.42	$	2.35
DILUTED EARNINGS PER SHARE:
Income from continuing operations	$	0.49	$	0.45		$	1.41	$	2.35
Loss from discontinued operations, net of taxes		—		(0.01	)		—		(0.03	)
Net income	$	0.49	$	0.44		$	1.41	$	2.32