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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
Summary of Earnings Per Share, Basic and Diluted

The calculation and reconciliation of basic and diluted earnings per share for the three and six months ended June 30 (in thousands, except per share data):

 

     Three Months Ended
June 30,
     Six Months Ended
June 30,
 
     2014      2013      2014      2013  

Net income

   $ 88,549       $ 73,099       $ 163,658       $ 137,761   
  

 

 

    

 

 

    

 

 

    

 

 

 

Denominator for basic and diluted earnings per share:

           

Denominator for basic earnings per share

     82,996         81,573         82,867         81,398   

Dilutive securities

     2,821         2,888         2,890         2,814   
  

 

 

    

 

 

    

 

 

    

 

 

 

Denominator for diluted earnings per share

     85,817         84,461         85,757         84,212   
  

 

 

    

 

 

    

 

 

    

 

 

 

Basic earnings per share

   $ 1.07       $ 0.90       $ 1.97       $ 1.69   

Diluted earnings per share

   $ 1.03       $ 0.87       $ 1.91       $ 1.64