EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2016

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 Years Ended December 31,
	2016		2015		2014
NUMERATOR
Basic:
Net income	$	219,919	$	221,854	$	195,022
Diluted:
Net income	$	219,919	$	221,854	$	195,022
DENOMINATOR
Basic:
Weighted average common shares outstanding		117,384		116,949		116,109
Diluted:
Weighted average common shares outstanding		117,384		116,949		116,109
Effect of dilutive securities:
Stock options		306		631		895
Restricted stock-based awards		101		205		308
Weighted average shares and assumed conversions		117,791		117,785		117,312
BASIC EARNINGS PER SHARE	$	1.87	$	1.90	$	1.68
DILUTED EARNINGS PER SHARE	$	1.87	$	1.88	$	1.66