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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Computation of basic and diluted earnings per share
The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share data):
 
 
Three Months Ended
 
Nine Months Ended
 
 
September 30,
 
September 30,
 
 
2018
 
2017
 
2018
 
2017
Numerator for basic and diluted earnings
 
 
 
 
 
 
 
 
per share - net income (loss) attributable
 
 
 
 
 
 
 
 
to common stockholders
 
$
64,384

 
$
74,043

 
$
656,487

 
$
575,118

 
 
 
 
 
 
 
 
 
Denominator for basic earnings per
 
 
 
 
 
 
 
 
share - weighted average shares
 
373,023

 
369,089

 
372,052

 
366,096

Effect of dilutive securities:
 
 
 
 
 
 
 
 
Employee stock options
 
6

 
40

 
12

 
53

Non-vested restricted shares
 
348

 
515

 
464

 
464

Redeemable shares
 
1,096

 
1,096

 
1,096

 
1,281

Employee stock purchase program
 
14

 

 
14

 

Dilutive potential common shares
 
1,464

 
1,651

 
1,586

 
1,798

Denominator for diluted earnings per
 
 
 
 
 
 
 
 
share - adjusted weighted average shares
 
374,487

 
370,740

 
373,638

 
367,894

 
 
 
 
 
 
 
 
 
Basic earnings per share
 
$
0.17

 
$
0.20

 
$
1.76

 
$
1.57

Diluted earnings per share
 
$
0.17

 
$
0.20

 
$
1.76

 
$
1.56