STOCKHOLDERS' EQUITY AND EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2016

STOCKHOLDERS' EQUITY AND EARNINGS PER SHARE

Schedule of earnings per share calculations

The following table presents EPS calculations for the three and six months ended June 30, 2016 and 2015:

	Three Months Ended June 30,				Six Months Ended June 30,
($ in thousands, except per share data, shares in thousands)	2016		2015		2016		2015
Basic
Net income	$	103,284	$	98,748	$	210,800	$	198,775
Less: Earnings allocated to participating securities	—		—		—		3
Net income allocated to common stockholders	$	103,284	$	98,748	$	210,800	$	198,772
Basic weighted average number of shares outstanding	144,101		143,846		144,029		143,751
Basic EPS	$	0.72	$	0.69	$	1.46	$	1.38
Diluted
Net income allocated to diluted common stockholders	$	103,284	$	98,748	$	210,800	$	198,772
Basic weighted average number of shares outstanding	144,101		143,846		144,029		143,751
Diluted potential common shares (1)	977		634		944		657
Diluted weighted average number of shares outstanding	145,078		144,480		144,973		144,408
Diluted EPS	$	0.71	$	0.68	$	1.45	$	1.38

(1) Includes dilutive shares from RSUs and warrants for the three and six months ended June 30,2016 and 2015. Also includes dilutive shares from stock options for the three and six months ended June 30,2015.