Stock-Based Compensation (Tables)

6 Months Ended

Jun. 30, 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- and six-month periods ended June 30, 2016 and 2015 were as follows (in thousands):



	Three Months Ended					Six Months Ended
	June 30,					June 30,
	2016			2015		2016			2015
Total stock-based compensation	$	7,236		$	6,328	$	12,097		$	10,727
Tax impact⁽¹⁾	(3,517		)	1,854		(1,863		)	1,448
Reduction in net income, net of tax	$	3,719		$	8,182	$	10,234		$	12,175

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⁽¹⁾	Tax impact is 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- and six-month periods ended June 30, 2016 and 2015:



	Three Months Ended			Six Months Ended
	June 30,			June 30,
	Number Granted	Weighted Average Grant-Date Fair Value		Number Granted	Weighted Average Grant-Date Fair Value
	(in thousands)			(in thousands)
2016
Restricted stock units	183	$	40.07	488	$	30.60
2015
Restricted stock units	132	$	25.76	909	$	22.04