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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 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 June 30,

 

 

For the Six Months Ended June 30,

 

(in thousands)

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Basic

 

 

49,035

 

 

 

48,243

 

 

 

48,772

 

 

 

48,201

 

Effect of exercise of stock options

 

 

3

 

 

 

82

 

 

 

2

 

 

 

91

 

Effect of assumed vesting of restricted stock

 

 

1,637

 

 

 

1,270

 

 

 

1,727

 

 

 

1,286

 

Effect of convertible notes subject to conversion

 

 

 

 

 

 

 

 

 

 

 

1,174

 

Diluted

 

 

50,675

 

 

 

49,595

 

 

 

50,501

 

 

 

50,752