EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 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 September 30,				For the Nine Months Ended September 30,
	2018		2017		2018		2017
NUMERATOR
Basic:
Net income	$	40,994	$	41,178	$	117,968	$	136,700
Diluted:
Net income	$	40,994	$	41,178	$	117,968	$	136,700
DENOMINATOR
Basic:
Weighted average common shares outstanding		118,597		118,182		118,544		118,044
Diluted:
Weighted average common shares outstanding		118,597		118,182		118,544		118,044
Effect of dilutive securities:
Stock options	178			262	123			353
Restricted stock-based awards	74			84	44			62
Weighted average shares and assumed conversions		118,849		118,528		118,711		118,459
BASIC EARNINGS PER SHARE	$	0.35	$	0.35	$	1.00	$	1.16
DILUTED EARNINGS PER SHARE	$	0.34	$	0.35	$	0.99	$	1.15