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Per Share Data (Tables)
9 Months Ended
Sep. 30, 2017
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)
 
2017
 
2016
 
2017
 
2016
Earnings per common share calculation – basic
 
 
 
 
 
 
 
 
Income from continuing operations attributable to common shareholders
 
$
34,384

 
$
290,898

 
$
108,433

 
$
396,088

Amount allocated to participating securities
 
(21
)
 
(1,625
)
 
(133
)
 
(6,142
)
Income from continuing operations attributable to common shareholders, net of amount allocated to participating securities
 
$
34,363

 
$
289,273

 
$
108,300

 
$
389,946

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

 

 

 
382,842

Net income attributable to common shareholders – basic
 
$
34,363

 
$
289,273

 
$
108,300

 
$
772,788

 
 
 
 
 
 
 
 
 
Earnings per common share from continuing operations
 
$
0.38

 
$
3.23

 
$
1.20

 
$
4.35

Earnings per common share from discontinued operations
 

 

 

 
4.28

Total earnings per common share – basic
 
$
0.38

 
$
3.23

 
$
1.20

 
$
8.63

 
 
 
 
 
 
 
 
 
Weighted average number of common shares outstanding – basic
 
91,011

 
89,669

 
90,351

 
89,524

 
 
 
 
 
 
 
 
 
 
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
(in thousands, except per share amounts)
 
2017
 
2016
 
2017
 
2016
Earnings per common share calculation – diluted
 
 
 
 
 
 
 
 
Income from continuing operations attributable to common shareholders, net of amount allocated to participating securities
 
$
34,363

 
$
289,273

 
$
108,300

 
$
389,946

Income allocated to common units from continuing operations
 
294

 

 
869

 

Income from continuing operations attributable to common shareholders, as adjusted
 
$
34,657

 
$
289,273

 
$
109,169

 
$
389,946

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

 

 

 
382,842

Net income attributable to common shareholders – diluted
 
$
34,657

 
$
289,273

 
$
109,169

 
$
772,788

 
 
 
 
 
 
 
 


Earnings per common share from continuing operations
 
$
0.38

 
$
3.21

 
$
1.20

 
$
4.34

Earnings per common share from discontinued operations
 

 

 

 
4.26

Total earnings per common share – diluted
 
$
0.38

 
$
3.21

 
$
1.20

 
$
8.60

 
 
 
 
 
 
 
 
 
Weighted average number of common shares outstanding – basic
 
91,011

 
89,669

 
90,351

 
89,524

Incremental shares issuable from assumed conversion of:
 
 
 
 
 
 
 
 
Common share options and share awards granted
 
217

 
343

 
189

 
334

Common units
 
805

 

 
805

 

Weighted average number of common shares outstanding – diluted
 
92,033

 
90,012

 
91,345

 
89,858