XML 47 R36.htm IDEA: XBRL DOCUMENT v3.8.0.1
EARNINGS PER SHARE ("EPS") (Tables)
9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Reconciliation of the Numerator and Denominator Used in Computing Basic and Diluted Per-share Computations
The following table reconciles the numerator and denominator used in computing our basic and diluted per-share amounts for net income available to common stockholders for the three and nine months ended September 30, 2017 and 2016:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2017
 
2016
 
2017
 
2016
 
(in thousands, except per share amounts)
Numerator:
 
 
 
 
 
 
 
Net income from continuing operations
$
72,391

 
$
8,382

 
$
357,698

 
$
33,865

Net loss (income) attributable to noncontrolling interests
4

 
3

 
(10
)
 
(9
)
Redeemable preferred stock dividends
(138
)
 

 
(241
)
 

Numerator for basic and diluted net income from continuing operations available to common stockholders
72,257

 
8,385

 
357,447

 
33,856

Net income from discontinued operations

 
703

 

 
3,061

Numerator for basic and diluted net income available to common stockholders
$
72,257

 
$
9,088

 
$
357,447

 
$
36,917

Denominator:
 
 
 
 
 
 
 
Basic weighted average shares outstanding
57,876

 
87,045

 
73,503

 
93,772

Effect of dilutive securities—contingently issuable shares and stock options

 

 

 

Diluted weighted average shares and common stock equivalents outstanding
57,876

 
87,045

 
73,503

 
93,772

Basic and diluted net income available to common stockholders per share:
 
 
 
 
 
 
 
Continuing operations
$
1.25

 
$
0.10

 
$
4.86

 
$
0.36

Discontinued operations
$

 
$
0.01

 
$

 
$
0.03

Net income
$
1.25

 
$
0.10

 
$
4.86

 
$
0.39