Earnings Per Share:

3 Months Ended

Mar. 31, 2019

Earnings Per Share [Abstract]

Earnings Per Share

EARNINGS PER SHARE

A reconciliation of share amounts used to compute Earnings (loss) per share in the accompanying Condensed Consolidated Statements of Income was as follows (in thousands):

	Three Months Ended March 31,
	2019		2018
Net income available for common stock	$	103,808	$	133,004
Weighted average shares - basic	59,920		53,319
Dilutive effect of:
Equity Units (a)	—		733
Equity compensation	140		70
Weighted average shares - diluted	60,060		54,122

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(a) Calculated using the treasury stock method. On November 1, 2018, we completed settlement of the stock purchase contracts that are components of the Equity Units issued in November 2015.

The following outstanding securities were excluded in the computation of diluted net income (loss) per share as their inclusion would have been anti-dilutive (in thousands):

	Three Months Ended March 31,
	2019	2018
Equity compensation	6	71
Anti-dilutive shares	6	71