EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2017

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,
	2017		2016		2015
NUMERATOR
Basic:
Net income	$	178,040	$	219,919	$	221,854
Diluted:
Net income	$	178,040	$	219,919	$	221,854
DENOMINATOR
Basic:
Weighted average common shares outstanding		118,084		117,384		116,949
Diluted:
Weighted average common shares outstanding		118,084		117,384		116,949
Effect of dilutive securities:
Stock options	310			306	631
Restricted stock-based awards	71			101	205
Weighted average shares and assumed    conversions		118,465		117,791		117,785
BASIC EARNINGS PER SHARE	$	1.51	$	1.87	$	1.90
DILUTED EARNINGS PER SHARE	$	1.50	$	1.87	$	1.88