The computation of basic and diluted earnings per share is as follows:
|
|
Three Months Ended
June 30, |
|
|
Six Months Ended
June 30, |
|
|
(in thousands, except per share amounts) |
|
2016 |
|
|
2015 |
|
|
2016 |
|
|
2015 |
|
|
Numerator |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income attributable to the Company |
$ |
102,149 |
|
|
$ |
93,347 |
|
|
$ |
154,650 |
|
|
$ |
130,979 |
|
|
Less: dividends and undistributed earnings allocated to unvested restricted stock units (“RSUs”) |
|
— |
|
|
|
88 |
|
|
|
— |
|
|
|
150 |
|
|
Net income allocated to common stockholders |
$ |
102,149 |
|
|
$ |
93,259 |
|
|
$ |
154,650 |
|
|
$ |
130,829 |
|
|
Denominator |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic weighted-average shares |
|
110,480 |
|
|
|
108,459 |
|
|
|
110,327 |
|
|
|
108,102 |
|
|
Effect of dilutive employee stock options and RSUs |
|
498 |
|
|
|
1,337 |
|
|
|
515 |
|
|
|
1,484 |
|
|
Diluted weighted-average shares |
|
110,978 |
|
|
|
109,796 |
|
|
|
110,842 |
|
|
|
109,586 |
|
|
Net income per share attributable to the Company’s stockholders |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic |
$ |
0.92 |
|
|
$ |
0.86 |
|
|
$ |
1.40 |
|
|
$ |
1.21 |
|
|
Diluted |
$ |
0.92 |
|
|
$ |
0.85 |
|
|
$ |
1.40 |
|
|
$ |
1.19 |
|
|