Reconciliation of Numerators and Denominators Used in Computations of Basic and Diluted Earnings Per Share from Continuing Operations |
The following table reconciles the numerators and denominators used in the computations of basic and diluted earnings per share from continuing operations (in thousands, except per share data): | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | 2019 | | 2018 | | 2019 | | 2018 | Numerator: | | | | | | | | Income from continuing operations | $ | 65,180 |
| | $ | 70,879 |
| | $ | 152,488 |
| | $ | 253,893 |
| Less: Net income attributable to noncontrolling interests | 771 |
| | 1,538 |
| | 3,289 |
| | 3,979 |
| Net income from continuing operations available to common stockholders, basic and diluted | $ | 64,409 |
| | $ | 69,341 |
| | $ | 149,199 |
| | $ | 249,914 |
| Denominator: | | | | | | | | Basic weighted-average common shares outstanding | 273,763 |
| | 275,175 |
| | 274,524 |
| | 275,205 |
| Add: Dilutive effect of stock options and restricted stock awards
| 2,472 |
| | 2,353 |
| | 1,950 |
| | 1,614 |
| Diluted weighted-average common shares outstanding | 276,235 |
| | 277,528 |
| | 276,474 |
| | 276,819 |
| Earnings per share from continuing operations: | | | | | | | | Basic | $ | 0.24 |
| | $ | 0.25 |
| | $ | 0.54 |
| | $ | 0.91 |
| Diluted | $ | 0.23 |
| | $ | 0.25 |
| | $ | 0.54 |
| | $ | 0.90 |
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