Earnings per Share

6 Months Ended

Jun. 30, 2015

Earnings per Share

Earnings per Share

14Earnings per Share

The following table sets forth the computation of basic and diluted earnings per share:

	Three months ended
	June 30, 2015		June 30, 2014
	(in thousands)
Numerator:
Net income	$	38,072	$	16,643
Denominator (number of shares in thousands):
Basic and diluted weighted average common shares outstanding	109,785		109,669

	Six months ended
	June 30, 2015		June 30, 2014
	(in thousands)
Numerator:
Net income	$	68,414	$	25,050
Denominator (number of shares in thousands):
Basic and diluted weighted average common shares outstanding	109,785		109,669

The Warrants issued and outstanding as of June 30, 2015 and 2014, were excluded from the diluted earnings per share, because they were antidilutive.