EARNINGS PER COMMON SHARE

6 Months Ended

Jun. 30, 2019

Earnings Per Share [Abstract]

EARNINGS PER COMMON SHARE

NOTE 14—EARNINGS PER SHARE

The following table shows the amounts used in computing our basic and diluted earnings per share:

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2019		2018		2019		2018
	(In thousands, except per share amounts)
Numerator for basic and diluted earnings per share:
Income from continuing operations	$	211,898	$	169,300	$	339,486	$	249,408
Discontinued operations	—		—		—		(10		)
Net income	211,898		169,300		339,486		249,398
Net income attributable to noncontrolling interests	1,369		2,781		3,172		4,176
Net income attributable to common stockholders	$	210,529	$	166,519	$	336,314	$	245,222
Denominator:
Denominator for basic earnings per share—weighted average shares	361,722		356,228		359,301		356,175
Effect of dilutive securities:
Stock options	365		115		347		120
Restricted stock awards	468		236		454		211
OP unitholder interests	2,998		2,421		2,998		2,425
Denominator for diluted earnings per share—adjusted weighted average shares	365,553		359,000		363,100		358,931
Basic earnings per share:
Income from continuing operations	$	0.59	$	0.48	$	0.94	$	0.70
Net income attributable to common stockholders	0.58		0.47		0.94		0.69
Diluted earnings per share:
Income from continuing operations	$	0.58	$	0.47	$	0.93	$	0.69
Net income attributable to common stockholders	0.58		0.46		0.93		0.68
Dividends declared per common share	$	0.7925	$	0.79	$	1.585	$	1.58