Earnings per Share (EPS)

12 Months Ended

Dec. 31, 2019

The calculations of basic and diluted earnings per share are presented below. The sum of earnings per share amounts may not equal the totals due to rounding.



	Years Ended December 31,
	2019		2018		2017
Numerator:
Income from continuing operations	$	40,149	$	181,705	$	180,039
Income from discontinued operations, net of tax	154,460		60,106		63,489
Net income (numerator for diluted EPS)	194,609		241,811		243,528
Less: Preference stock dividend	8		32		36
Income attributable to common stockholders (numerator for basic EPS)	$	194,601	$	241,779	$	243,492
Denominator:
Weighted-average shares used in basic EPS	176,251		187,277		186,332
Dilutive effect of common stock equivalents	1,198		1,105		1,103
Weighted-average shares used in diluted EPS	177,449		188,382		187,435
Basic earnings per share:
Continuing operations	$	0.23	$	0.97	$	0.97
Discontinued operations	0.88		0.32		0.34
Net income	$	1.10	$	1.29	$	1.31
Diluted earnings per share:
Continuing operations	$	0.23	$	0.96	$	0.96
Discontinued operations	0.87		0.32		0.34
Net income	$	1.10	$	1.28	$	1.30

Anti-dilutive options excluded from diluted earnings per share:	15,751		12,089		10,267