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Per Share Data (Tables)
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Calculation Of Basic And Diluted Earnings Per Share
The following table presents information necessary to calculate basic and diluted earnings per share for the periods indicated:
 
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
(in thousands, except per share amounts)
 
2016
 
2015
 
2016
 
2015
Earnings per common share calculation – basic
 
 
 
 
 
 
 
 
Income from continuing operations attributable to common shareholders
 
$
290,898

 
$
32,137

 
$
396,088

 
$
173,890

Amount allocated to participating securities
 
(1,625
)
 
(259
)
 
(6,142
)
 
(1,562
)
Income from continuing operations attributable to common shareholders, net of amount allocated to participating securities
 
$
289,273

 
$
31,878

 
$
389,946

 
$
172,328

Income from discontinued operations, including gain on sale, attributable to common shareholders
 

 
4,907

 
382,842

 
14,832

Net income attributable to common shareholders – basic
 
$
289,273

 
$
36,785

 
$
772,788

 
$
187,160

 
 
 
 
 
 
 
 
 
Earnings per common share from continuing operations
 
$
3.23

 
$
0.36

 
$
4.35

 
$
1.93

Earnings per common share from discontinued operations
 

 
0.05

 
4.28

 
0.17

Total earnings per common share – basic
 
$
3.23

 
$
0.41

 
$
8.63

 
$
2.10

 
 
 
 
 
 
 
 
 
Weighted average number of common shares outstanding – basic
 
89,669

 
89,164

 
89,524

 
89,102

 
 
 
 
 
 
 
 
 
 
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
(in thousands, except per share amounts)
 
2016
 
2015
 
2016
 
2015
Earnings per common share calculation – diluted
 
 
 
 
 
 
 
 
Income from continuing operations attributable to common shareholders, net of amount allocated to participating securities
 
$
289,273

 
$
31,878

 
$
389,946

 
$
172,328

Income from discontinued operations, including gain on sale, attributable to common shareholder
 

 
4,907

 
382,842

 
14,832

Net income attributable to common shareholders – diluted
 
$
289,273

 
$
36,785

 
$
772,788

 
$
187,160

 
 
 
 
 
 
 
 


Earnings per common share from continuing operations
 
$
3.21

 
$
0.36

 
$
4.34

 
$
1.93

Earnings per common share from discontinued operations
 

 
0.05

 
4.26

 
0.16

Total earnings per common share – diluted
 
$
3.21

 
$
0.41

 
$
8.60

 
$
2.09

 
 
 
 
 
 
 
 
 
Weighted average number of common shares outstanding – basic
 
89,669

 
89,164

 
89,524

 
89,102

Incremental shares issuable from assumed conversion of:
 
 
 
 
 
 
 
 
Common share options and share awards granted
 
343

 
366

 
334

 
348

Weighted average number of common shares outstanding – diluted
 
90,012

 
89,530

 
89,858

 
89,450