Earnings Per Share

12 Months Ended

Dec. 31, 2020

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,
	2020		2019		2018
	(In thousands, except per share amounts)
Numerator for basic and diluted earnings per share:
Income from continuing operations	$	441,185	$	439,297	$	415,991
Discontinued operations	—		—		(10)
Net income	441,185		439,297		415,981
Net income attributable to noncontrolling interests	2,036		6,281		6,514
Net income attributable to common stockholders	$	439,149	$	433,016	$	409,467
Denominator:
Denominator for basic earnings per share—weighted average shares	373,368		365,977		356,265
Effect of dilutive securities:
Stock options	—		391		174
Restricted stock awards	171		527		331
OP unitholder interests	2,964		2,991		2,531
Denominator for diluted earnings per share—adjusted weighted average shares	376,503		369,886		359,301
Basic earnings per share:
Income from continuing operations	$	1.18	$	1.20	$	1.17
Net income attributable to common stockholders	1.18		1.18		1.15
Diluted earnings per share:
Income from continuing operations	$	1.17	$	1.19	$	1.16
Net income attributable to common stockholders	1.17		1.17		1.14

There were 4.0 million, 1.1 million and 3.5 million anti-dilutive options outstanding for the years ended December 31, 2020, 2019 and 2018, respectively.