Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of impact of stock-based compensation awards on net income

The impact of stock-based compensation awards on net income (excluding amounts capitalized) for the three-month periods ended March 31, 2016 and 2015 were as follows (in thousands):

	Three Months Ended
	March 31,
	2016			2015
Total stock-based compensation	$	4,861		$	4,399
Tax impact(1)	(413		)	198
Reduction in net income, net of tax	$	4,448		$	4,597

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⁽¹⁾  Tax impact was determined at the Company's combined effective tax rate, which includes the statements of operations line item "Increase in income tax benefit payable to former stockholder" (see Note 10).

Schedule of number and weighted average grant date fair value of equity awards granted

The following table sets forth the number and weighted average grant-date fair value of equity awards granted during the three-month periods ended March 31, 2016 and 2015:

	Three Months Ended
	March 31,
	Number Granted	Weighted Average Grant-Date Fair Value
	(in thousands)
2016
Restricted stock units	305	$	24.90
2015
Restricted stock units	777	$	21.41