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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
Earnings Per Share Summary

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30,

 

Six Months Ended June 30,

($ thousands)

 

2014

 

2013

 

2014

 

2013

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to common stockholders

 

$

19,523 

 

$

35,356 

 

$

25,896 

 

$

64,317 

Less: adjustment for income allocated to participating securities

 

 

(2,683)

 

 

(127)

 

 

(3,543)

 

 

(243)

Net income attributable to common stockholders - basic and diluted

 

$

16,840 

 

$

35,229 

 

$

22,353 

 

$

64,074 

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding - basic

 

 

86,887 

 

 

87,865 

 

 

87,559 

 

 

87,823 

Plus: dilutive effect of stock options and unvested restricted stock units

 

 

912 

 

 

972 

 

 

1,314 

 

 

945 

Weighted average common shares outstanding - diluted

 

 

87,799 

 

 

88,837 

 

 

88,873 

 

 

88,768 

Net income attributable per common share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.19 

 

$

0.40 

 

$

0.26 

 

$

0.73 

Diluted

 

$

0.19 

 

$

0.40 

 

$

0.25 

 

$

0.72