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Earnings Per Share
9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
EARNINGS PER SHARE

The following table presents the calculation of basic and diluted earnings per common share from continuing operations:
 
Three months ended September 30,
 
Nine months ended September 30,
 
2017
 
2016
 
2017
 
2016
 
(In thousands, except per share amounts)
Earnings per share — Basic:
 
 
 
 
 
 
 
Earnings from continuing operations
$
58,913

 
85,138

 
$
148,535

 
215,365

Less: Earnings allocated to unvested stock
(222
)
 
(261
)
 
(536
)
 
(674
)
Earnings from continuing operations available to common shareholders — Basic
$
58,691

 
84,877

 
$
147,999

 
214,691

 
 
 
 
 
 
 
 
Weighted average common shares outstanding — Basic
52,405

 
52,953

 
52,671

 
53,029

 
 
 
 
 
 
 
 
Earnings from continuing operations per common share — Basic
$
1.12

 
1.60

 
$
2.81

 
4.05

 
 
 
 
 
 
 
 
Earnings per share — Diluted:
 
 
 
 
 
 
 
Earnings from continuing operations
$
58,913

 
85,138

 
$
148,535

 
215,365

Less: Earnings allocated to unvested stock
(222
)
 
(260
)
 
(536
)
 
(672
)
Earnings from continuing operations available to common shareholders — Diluted
$
58,691

 
84,878

 
$
147,999

 
214,693

 
 
 
 
 
 
 
 
Weighted average common shares outstanding — Basic
52,405

 
52,953

 
52,671

 
53,029

Effect of dilutive equity awards
371

 
338

 
356

 
315

Weighted average common shares outstanding — Diluted
52,776

 
53,291

 
53,027

 
53,344

 
 
 
 
 
 
 
 
Earnings from continuing operations per common share — Diluted
$
1.11

 
1.59

 
$
2.79

 
4.02

 
 
 
 
 
 
 
 
Anti-dilutive equity awards not included above
843

 
653

 
889

 
836