Three Months Ended

Six Months Ended

June 30,

2019

2018

2019

2018

Computation of Basic and Diluted Earnings Per Share:

Net income available to the Company's common shareholders

$

86,493

$

150,852

$

188,128

$

280,353

Earnings attributable to participating securities

(660

)

(863

)

(1,285

)

(1,472

)

Net income available to the Company’s common shareholders for basic earnings per share

85,833

149,989

186,843

278,881

Distributions on convertible units

-

282

20

521

Net income available to the Company’s common shareholders for diluted earnings per share

$

85,833

$

150,271

$

186,863

$

279,402

Weighted average common shares outstanding – basic

419,697

420,731

419,581

422,060

Effect of dilutive securities (1):

Equity awards

949

350

1,166

352

Assumed conversion of convertible units

-

847

51

824

Weighted average common shares outstanding – diluted

420,646

421,928

420,798

423,236

Net income available to the Company's common shareholders:

Basic earnings per share

$

0.20

$

0.36

$

0.45

$

0.66

Diluted earnings per share

$

0.20

$

0.36

$

0.44

$

0.66