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Net Income (Loss) Per Share (Tables)
12 Months Ended
Dec. 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:
 
 
Year Ended December 31,
 
 
2016
 
2015
 
2014
Net income - basic
 
$
895,522

 
$
636,056

 
$
338,126

Effect of dilutive securities:
 
 
 
 
 
 
Convertible senior notes - interest expense related to contractual coupon interest rate and amortization of discount and note issuance costs
 
397

 

 

Net income - diluted
 
$
895,919

 
$
636,056

 
$
338,126

 
 
 
 
 
 
 
(Shares in thousands)
 
 
 
 
 
 
Weighted average shares - basic
 
104,719

 
103,061

 
100,612

Effect of dilutive securities:
 
 
 
 
 
 
Stock options
 
10,177

 
9,446

 
9,440

Restricted stock
 
474

 
477

 
425

Convertible senior notes
 
61

 

 

Warrants
 
936

 
2,246

 
2,936

Dilutive potential shares
 
11,648

 
12,169

 
12,801

Weighted average shares - diluted
 
116,367

 
115,230

 
113,413

 
 
 
 
 
 
 
Net income per share - basic
 
$
8.55

 
$
6.17

 
$
3.36

Net income per share - diluted
 
$
7.70

 
$
5.52

 
$
2.98

Antidilutive Securities
Shares which have been excluded from diluted per share amounts because their effect would have been antidilutive, include the following:
 
 
Year Ended December 31,
(Shares in thousands)
 
2016
 
2015
 
2014
Stock options
 
8,041

 
1,343

 
1,470

Restricted stock
 
19

 

 

Convertible senior notes
 

 
994

 
4,247