Earnings Per Share (Tables)

3 Months Ended

Jun. 30, 2017

Earnings Per Share [Abstract]

Reconciliation of the income used to compute basic and diluted EPS

A reconciliation of the income used to compute basic and diluted EPS for the periods presented are as follows:

	Three Months Ended June 30,
	2017		2016
Earnings for basic computations (1)	$	78,955	$	67,247
Weighted-average common shares outstanding for basic computations	147,714,993		147,241,782
Earnings for diluted computations (1)	$	78,961	$	67,254
Dilutive stock options and restricted stock	2,153,280		2,392,810
Weighted-average common shares outstanding for diluted computations	149,868,273		149,634,592
Earnings per common share
Basic	$	0.53	$	0.46
Diluted	$	0.53	$	0.45

(1) During the three months ended June 30, 2017 and 2016, approximately 1.1 million and 1.2 million participating securities were paid dividends totaling $0.2 million and $0.2 million, respectively. For both the three months ended June 30, 2017 and 2016, there were undistributed earnings of $0.4 million allocated to the participating class of securities in both basic and diluted EPS. The allocated undistributed earnings and the dividends paid comprise the difference between net income presented on the condensed consolidated statements of operations and earnings for basic and diluted computations for the three months ended June 30, 2017 and 2016