Earnings Per Share

12 Months Ended

Dec. 31, 2019

NOTE 15—EARNINGS PER SHARE

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



	For the Years Ended December 31,
	2019		2018			2017
	(In thousands, except per share amounts)
Numerator for basic and diluted earnings per share:
Income from continuing operations	$	439,297	$	415,991		$	1,361,222
Discontinued operations	—		(10		)	(110		)
Net income	439,297		415,981			1,361,112
Net income attributable to noncontrolling interests	6,281		6,514			4,642
Net income attributable to common stockholders	$	433,016	$	409,467		$	1,356,470
Denominator:
Denominator for basic earnings per share—weighted average shares	365,977		356,265			355,326
Effect of dilutive securities:
Stock options	391		174			494
Restricted stock awards	527		331			265
OP unitholder interests	2,991		2,531			2,481
Denominator for diluted earnings per share—adjusted weighted average shares	369,886		359,301			358,566
Basic earnings per share:
Income from continuing operations	$	1.20	$	1.17		$	3.83
Net income attributable to common stockholders	1.18		1.15			3.82
Diluted earnings per share:
Income from continuing operations	$	1.19	$	1.16		$	3.80
Net income attributable to common stockholders	1.17		1.14			3.78

There were 1.1 million, 3.5 million and 3.0 million anti-dilutive options outstanding for the years ended December 31, 2019, 2018 and 2017, respectively.