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Quarterly Financial Information (Unaudited)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information (Unaudited)
Quarterly Financial Information (Unaudited)
The following is a summary of quarterly financial data:
(In thousands, except per share data)
2017
Three months ended
March 31
 
June 30
 
September 30
 
December 31
Revenues
$
1,870,418


$
1,848,049


$
2,031,342


$
1,934,956

Net income
123,447


109,004


162,054


154,589

Net income per share (1)
 
 
 
 
 
 
 
Basic (2)
1.01

 
0.87

 
1.29

 
1.22

Diluted
0.96

 
0.85

 
1.26

 
1.21

 
2016
Three months ended
March 31
 
June 30
 
September 30
 
December 31
Revenues
$
1,807,211

 
$
1,855,914

 
$
2,019,727

 
$
1,971,333

Net income
119,511

 
108,967

 
220,650

 
152,790

Net income per share (1)
 
 
 
 
 
 
 
Basic
0.97

 
0.89

 
1.80

 
1.26

Diluted
0.93

 
0.85

 
1.72

 
1.20

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(1) Net income per share (“EPS”) in each quarter is computed using the weighted-average number of shares outstanding during that quarter, while EPS for the full year is computed using the weighted-average number of shares outstanding during the year. Thus, the sum of the four quarters EPS does not necessarily equal the full-year EPS.

(2) Basic shares outstanding includes shares held in a grantor trust established in March 2017.