EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 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 June 30,				For the Six Months Ended June 30,
	2018		2017		2018		2017
NUMERATOR
Basic:
Net income	$	39,197	$	45,475	$	76,974	$	95,522
Diluted:
Net income	$	39,197	$	45,475	$	76,974	$	95,522
DENOMINATOR
Basic:
Weighted average common shares outstanding		118,546		118,164		118,501		117,974
Diluted:
Weighted average common shares outstanding		118,546		118,164		118,501		117,974
Effect of dilutive securities:
Stock options	92			377	96			398
Restricted stock-based awards	10			44	29			51
Weighted average shares and assumed conversions		118,648		118,585		118,626		118,423
BASIC EARNINGS PER SHARE	$	0.33	$	0.38	$	0.65	$	0.81
DILUTED EARNINGS PER SHARE	$	0.33	$	0.38	$	0.65	$	0.81