EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2015

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 March 31,
	2015		2014
NUMERATOR
Basic:
Net income	$	57,277	$	51,738
Diluted:
Net income	$	57,277	$	51,738
DENOMINATOR
Basic:
Weighted average common shares outstanding		116,634		115,773
Diluted:
Weighted average common shares outstanding		116,634		115,773
Effect of dilutive securities:
Stock options		869		963
Restricted stock-based compensation		265		224
Weighted average shares and assumed conversions		117,768		116,960
BASIC EARNINGS PER SHARE	$	0.49	$	0.45
DILUTED EARNINGS PER SHARE	$	0.49	$	0.44