Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table reflects the allocation of net income to common shareholders and EPS computations for the periods indicated based on a weighted average number of common stock outstanding for the period:
(in thousands, except per share data)
For the Three Months Ended September 30, 2017
 
For the Nine Months Ended September 30, 2017
Net income attributable to common shareholders
$
14,447

 
$
45,032

Add: Income from conversion of Class C Common Stock
1,193

 
3,196

Adjusted net income attributable to common shareholders
15,640

 
48,228

 
 
 
 
Basic net earnings per share
$
0.06

 
$
0.20

Diluted net earnings per share
$
0.06

 
$
0.19

 
 
 
 
Basic weighted average shares outstanding
223,622

 
227,557

Add: Dilutive effects of equity awards
2,598

 
4,481

Add: Dilutive effects of conversion
19,156

 
19,156

Diluted weighted average shares outstanding
245,376

 
251,194