Earnings Per Share

3 Months Ended

Mar. 31, 2016

The following table reconciles the numerators and denominators used in the calculation of basic and diluted earnings per share (EPS):



	Three Months Ended March 31,
	2016		2015
Numerators:
Numerator for both basic and diluted EPS, net income	$	80,279,994	$	77,183,441
Denominators:
Denominator for basic EPS, weighted-average shares outstanding	289,210,621		295,031,431
Potentially dilutive shares resulting from stock plans	2,105,732		3,562,712
Denominator for diluted EPS	291,316,353		298,594,143

Shares related to stock plans not included in diluted average common shares outstanding because their effect would be anti-dilutive	7,866,330		1,184,635