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Earnings per Share (Tables)
6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Summary of Basic and Diluted Weighted Average Shares Outstanding

The following table presents information about basic and diluted weighted average shares outstanding:

 

 

 

Three months ended

 

 

Six months ended

 

 

 

June 30,

 

 

June 30,

 

( in thousands )

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Basic weighted average shares outstanding

 

 

129,562

 

 

 

129,225

 

 

 

129,434

 

 

 

130,237

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unvested share units and shares held by employees

 

 

230

 

 

 

183

 

 

 

212

 

 

 

168

 

Stock options held by employees and directors

 

 

349

 

 

 

460

 

 

 

325

 

 

 

493

 

Diluted weighted average shares outstanding

 

 

130,141

 

 

 

129,868

 

 

 

129,971

 

 

 

130,898

 

Anti-dilutive share awards

 

 

881

 

 

 

727

 

 

 

1,296

 

 

 

532