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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 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 years ended December 31 (in thousands, except per share data):

 

 

     2014      2013      2012  

Net income

   $ 368,707       $ 284,501       $ 216,199   
  

 

 

    

 

 

    

 

 

 

Denominator for basic earnings per share

  84,317      81,793      83,328   

Dilutive securities

  2,665      2,862      2,408   
  

 

 

    

 

 

    

 

 

 

Denominator for diluted earnings per share

  86,982      84,655      85,736   
  

 

 

    

 

 

    

 

 

 

Basic earnings per share

$ 4.37    $ 3.48    $ 2.59   

Diluted earnings per share

  4.24      3.36      2.52