Stockholders' Equity and Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2019

Stockholders' Equity and Earnings Per Share [Abstract]

Schedule of earnings per share calculations

The following table presents the EPS calculations for the three and nine months ended September 30, 2019 and 2018:




($ and shares in thousands, except per share data)	Three Months Ended September 30,				Nine Months Ended September 30,
($ and shares in thousands, except per share data)	2019		2018		2019		2018
Basic:
Net income	$	171,416	$	171,302	$	485,820	$	530,683

Basic weighted-average number of shares outstanding	145,559		144,921		145,455		144,829
Basic EPS	$	1.18	$	1.18	$	3.34	$	3.66

Diluted:
Net income	$	171,416	$	171,302	$	485,820	$	530,683

Basic weighted-average number of shares outstanding	145,559		144,921		145,455		144,829
Diluted potential common shares ⁽¹⁾	561		1,252		633		1,329
Diluted weighted-average number of shares outstanding ⁽¹⁾	146,120		146,173		146,088		146,158
Diluted EPS	$	1.17	$	1.17	$	3.33	$	3.63

(1)

Includes dilutive shares from RSUs for the three and nine months ended September 30, 2019, and from RSUs and warrants for the three and nine months ended September 30, 2018.