Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2019

Schedule of computations of basic and diluted EPS

The computations of the numerator (income) and denominator (shares) to derive the basic and diluted EPS amounts presented on the face of the accompanying condensed consolidated statements of operations are as follows (in thousands):



	Three Months Ended June 30, 2019				Three Months Ended June 30, 2018
	Income			Shares	Income			Shares
Basic:
Net income attributable to common shareholders	$	16,854			$	17,784
Less: Undistributed earnings allocated to participating securities	(141		)		(171		)
Accretion of redeemable noncontrolling interests	(18		)		—
Net income available to common shareholders, basic	$	16,695		147,521	$	17,613		146,683


Diluted:
Net income available to common shareholders, basic	$	16,695		147,521	$	17,613		146,683
Effect of dilutive securities:
Share-based awards other than participating securities	—			580	—			41
Net income available to common shareholders, diluted	$	16,695		148,101	$	17,613		146,724



	Six Months Ended June 30, 2019				Six Months Ended June 30, 2018
	Income			Shares	Income			Shares
Basic:
Net income attributable to common shareholders	$	18,172			$	15,224
Less: Undistributed earnings allocated to participating securities	(159		)		(147		)
Accretion of redeemable noncontrolling interests	(18		)		—
Net income available to common shareholders, basic	$	17,995		147,471	$	15,077		146,668


Diluted:
Net income available to common shareholders, basic	$	17,995		147,471	$	15,077		146,668
Effect of dilutive securities:
Share-based awards other than participating securities	—			460	—			—
Net income available to common shareholders, diluted	$	17,995		147,931	$	15,077		146,668

Schedule of shares excluded from diluted EPS calculation

The following potentially dilutive shares related to the 2022 Notes, the 2023 Notes and the 2032 Notes were excluded from the diluted EPS calculation as they were anti-dilutive (in thousands):



	Three Months Ended June 30,		Six Months Ended June 30,
	2019	2018	2019	2018

2022 Notes	8,997	8,997	8,997	8,997
2023 Notes	13,202	13,202	13,202	7,440
2032 Notes ⁽¹⁾	—	12	—	1,057

(1)

The 2032 Notes were fully redeemed in May 2018.