EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2018

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,
	2018		2017
NUMERATOR
Basic:
Net income	$	37,777	$	50,047
Diluted:
Net income	$	37,777	$	50,047
DENOMINATOR
Basic:
Weighted average common shares outstanding		118,359		117,782
Diluted:
Weighted average common shares outstanding		118,359		117,782
Effect of dilutive securities:
Stock options	101			420
Restricted stock-based awards	49			57
Weighted average shares and assumed conversions		118,509		118,259
BASIC EARNINGS PER SHARE	$	0.32	$	0.42
DILUTED EARNINGS PER SHARE	$	0.32	$	0.42