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Income Per Share (Tables)
12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Basis of Income Per Share Computation

The following table presents the basis of the income per share computation:

 

     Years Ended December 31,  
     2013     2012      2011  
     (In thousands)  

Numerator for basic and diluted income per share:

       

Income from continuing operations

   $ 104,734      $ 43,236       $ 101,308   

Income (loss) from discontinued operations, net of tax

     (1,421     16,774         13,037   

Gain from disposal of discontinued operations, net of tax

     —          134,480         —     
  

 

 

   

 

 

    

 

 

 

Net income

   $ 103,313      $ 194,490       $ 114,345   
  

 

 

   

 

 

    

 

 

 

Denominator:

       

Weighted average shares outstanding, basic

     43,871        45,097         47,109   

Effect of dilutive common stock equivalents

     866        845         995   
  

 

 

   

 

 

    

 

 

 

Weighted average shares outstanding, diluted

     44,737        45,942         48,104