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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
Reconciliation of Weighted Average Shares Used in Calculating Basic and Diluted Earnings Per Share

A reconciliation of weighted average shares used in calculating basic and diluted earnings per share follows:

 

 

 

For the Three Months

Ended March 31,

(unaudited)

 

(in thousands)

 

2016

 

 

2015

 

Basic

 

 

48,509

 

 

 

48,158

 

Effect of exercise of stock options

 

 

2

 

 

 

99

 

Effect of assumed vesting of restricted stock

 

 

1,816

 

 

 

1,304

 

Effect of convertible notes subject to conversion

 

 

 

 

 

2,348

 

Diluted

 

 

50,327

 

 

 

51,909