EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 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 June 30,				For the Six Months Ended June 30,
	2015		2014		2015		2014
NUMERATOR
Basic:
Net income	$	65,303	$	55,732	$	122,580	$	107,470
Diluted:
Net income	$	65,303	$	55,732	$	122,580	$	107,470
DENOMINATOR
Basic:
Weighted average common shares outstanding		116,962		116,114		116,799		115,944
Diluted:
Weighted average common shares outstanding		116,962		116,114		116,799		115,944
Effect of dilutive securities:
Stock options		720		835		794		899
Restricted stock-based compensation		130		247		197		236
Weighted average shares and assumed conversions		117,812		117,196		117,790		117,079
BASIC EARNINGS PER SHARE	$	0.56	$	0.48	$	1.05	$	0.93
DILUTED EARNINGS PER SHARE	$	0.55	$	0.48	$	1.04	$	0.92