Schedule of basic and diluted earnings per common share from continuing operations |
The following table presents the calculation of basic and diluted earnings per common share from continuing operations: | | | | | | | | | | | | | | | | Three months ended June 30, | | Six months ended June 30, | | 2017 | | 2016 | | 2017 | | 2016 | | (In thousands, except per share amounts) | Earnings per share — Basic: | | | | | | | | Earnings from continuing operations | $ | 51,343 |
| | 74,042 |
| | $ | 89,622 |
| | 130,227 |
| Less: Earnings allocated to unvested stock | (186 | ) | | (235 | ) | | (317 | ) | | (398 | ) | Earnings from continuing operations available to common shareholders — Basic | $ | 51,157 |
| | 73,807 |
| | $ | 89,305 |
| | 129,829 |
| | | | | | | | | Weighted average common shares outstanding — Basic | 52,663 |
| | 53,057 |
| | 52,804 |
| | 53,067 |
| | | | | | | | | Earnings from continuing operations per common share — Basic | $ | 0.97 |
| | 1.39 |
| | $ | 1.69 |
| | 2.45 |
| | | | | | | | | Earnings per share — Diluted: | | | | | | | | Earnings from continuing operations | $ | 51,343 |
| | 74,042 |
| | $ | 89,622 |
| | 130,227 |
| Less: Earnings allocated to unvested stock | (186 | ) | | (234 | ) | | (317 | ) | | (397 | ) | Earnings from continuing operations available to common shareholders — Diluted | $ | 51,157 |
| | 73,808 |
| | $ | 89,305 |
| | 129,830 |
| | | | | | | | | Weighted average common shares outstanding — Basic | 52,663 |
| | 53,057 |
| | 52,804 |
| | 53,067 |
| Effect of dilutive equity awards | 244 |
| | 320 |
| | 348 |
| | 303 |
| Weighted average common shares outstanding — Diluted | 52,907 |
| | 53,377 |
| | 53,152 |
| | 53,370 |
| | | | | | | | | Earnings from continuing operations per common share — Diluted | $ | 0.97 |
| | 1.38 |
| | $ | 1.68 |
| | 2.43 |
| | | | | | | | | Anti-dilutive equity awards not included above | 1,231 |
| | 699 |
| | 911 |
| | 928 |
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