XML 48 R35.htm IDEA: XBRL DOCUMENT v3.10.0.1
EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
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,
 
2018
 
2017
 
2018
 
2017
 
(In thousands, except per share amounts)
Earnings per share — Basic:
 
 
 
 
 
 
 
Earnings from continuing operations
$
43,519

 
51,395

 
$
77,451

 
89,931

Less: Earnings allocated to unvested stock
(158
)
 
(186
)
 
(277
)
 
(318
)
Earnings from continuing operations available to common shareholders — Basic
$
43,361

 
51,209

 
$
77,174

 
89,613

 
 
 
 
 
 
 
 
Weighted average common shares outstanding — Basic
52,370

 
52,663

 
52,388

 
52,804

 
 
 
 
 
 
 
 
Earnings from continuing operations per common share — Basic
$
0.83

 
0.97

 
$
1.47

 
1.70

 
 
 
 
 
 
 
 
Earnings per share — Diluted:
 
 
 
 
 
 
 
Earnings from continuing operations
$
43,519

 
51,395

 
$
77,451

 
89,931

Less: Earnings allocated to unvested stock
(158
)
 
(186
)
 
(277
)
 
(318
)
Earnings from continuing operations available to common shareholders — Diluted
$
43,361

 
51,209

 
$
77,174

 
89,613

 
 
 
 
 
 
 
 
Weighted average common shares outstanding — Basic
52,370

 
52,663

 
52,388

 
52,804

Effect of dilutive equity awards
254

 
244

 
337

 
348

Weighted average common shares outstanding — Diluted
52,624

 
52,907

 
52,725

 
53,152

 
 
 
 
 
 
 
 
Earnings from continuing operations per common share — Diluted
$
0.82

 
0.97

 
$
1.46

 
1.69

 
 
 
 
 
 
 
 
Anti-dilutive equity awards not included above
1,447

 
1,231

 
1,247

 
911