EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 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 September 30,				For the Nine Months Ended September 30,
	2015		2014		2015		2014
NUMERATOR
Basic:
Net income	$	50,676	$	57,546	$	173,256	$	165,016
Diluted:
Net income	$	50,676	$	57,546	$	173,256	$	165,016
DENOMINATOR
Basic:
Weighted average common shares outstanding		117,066		116,185		116,889		116,025
Diluted:
Weighted average common shares outstanding		117,066		116,185		116,889		116,025
Effect of dilutive securities:
Stock options		559		886		716		895
Restricted stock-based compensation		149		318		181		263
Weighted average shares and assumed conversions		117,774		117,389		117,786		117,183
BASIC EARNINGS PER SHARE	$	0.43	$	0.50	$	1.48	$	1.42
DILUTED EARNINGS PER SHARE	$	0.43	$	0.49	$	1.47	$	1.41