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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Computation of Earnings Per Share
The computation of earnings per share is as follows:
 
Three Months Ended
 
Six Months Ended
 
June 30,
2016
 
June 30,
2015
 
June 30,
2016
 
June 30,
2015
 
(in thousands, except per share data)
Basic earnings per share:
 
 
 
 
 
 
 
Net income
$
40,755

 
$
26,335

 
$
68,413

 
$
50,031

Shares used in computation:
 
 
 
 
 
 
 
Weighted-average common shares outstanding
428,483

 
425,340

 
428,300

 
424,486

Basic earnings per share
$
0.10

 
$
0.06

 
$
0.16

 
$
0.12

 
 
 
 
 
 
 
 
Diluted earnings per share:
 
 
 
 
 
 
 
Net income
$
40,755

 
$
26,335

 
$
68,413

 
$
50,031

Shares used in computation:
 
 
 
 
 
 
 
Weighted-average common shares outstanding
428,483

 
425,340

 
428,300

 
424,486

Employee stock options
9,671

 
10,757

 
9,773

 
10,472

Weighted-average number of shares
438,154

 
436,097

 
438,073

 
434,958

Diluted earnings per share
$
0.09

 
$
0.06

 
$
0.16

 
$
0.12

Summary of Potential Common Shares Excluded from Diluted Calculation
The following table summarizes the potential common shares excluded from the diluted calculation:
 
Three Months Ended
 
Six Months Ended
 
June 30,
2016
 
June 30,
2015
 
June 30,
2016
 
June 30,
2015
 
(in thousands)
Employee stock options
1,930

 
80

 
1,634

 
938