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Net Income Per Share (Tables)
3 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
Basic and Diluted Net Income (Loss) Per Share
The calculations of basic and diluted net income per share are as follows:
 
 
Three Months Ended
March 31,
 
 
2016
 
2015
Net income - basic
 
$
165,736

 
$
76,021

Effect of dilutive securities:
 
 
 
 
Convertible senior notes - interest expense related to contractual coupon interest rate and amortization of discount and note issuance costs
 
56

 

Net income - diluted
 
$
165,792

 
$
76,021

 
 
 
 
 
(Shares in thousands)
 
 
 
 
Weighted average shares - basic
 
104,290

 
102,227

Effect of dilutive securities:
 
 
 
 
Stock options
 
8,147

 
9,313

Restricted stock
 
469

 
467

Convertible senior notes
 
44

 

Warrants
 
1,278

 
2,512

Dilutive potential shares
 
9,938

 
12,292

Weighted average shares - diluted
 
114,228

 
114,519

 
 
 
 
 
Net income per share - basic
 
$
1.59

 
$
0.74

Net income per share - diluted
 
$
1.45

 
$
0.66


Antidilutive Securities
Shares which have been excluded from diluted per share amounts because their effect would have been antidilutive include the following:
 
 
Three Months Ended March 31,
(Shares in thousands)
 
2016
 
2015
Stock options
 
7,539

 
3,673

Restricted stock
 
19

 

Convertible senior notes
 

 
1,929