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Earnings Per Share
12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Earnings Per Share

NOTE 12.    Earnings Per Share:

The computation of basic and diluted earnings per share is as follows:

 

 

2015

 

 

2014

 

 

2013

 

 

(in thousands, except per share data)

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to the Company

$

288,086

 

 

$

233,534

 

 

$

186,367

 

Less: dividends and undistributed earnings allocated to unvested RSUs

 

321

 

 

 

514

 

 

 

324

 

Net income allocated to common stockholders

$

287,765

 

 

$

233,020

 

 

$

186,043

 

Denominator

 

 

 

 

 

 

 

 

 

 

 

Basic weighted-average shares

 

108,427

 

 

 

106,884

 

 

 

106,991

 

Effect of dilutive employee stock options and RSUs

 

1,399

 

 

 

1,804

 

 

 

2,111

 

Diluted weighted-average shares

 

109,826

 

 

 

108,688

 

 

 

109,102

 

Net income per share attributable to the Company’s stockholders

 

 

 

 

 

 

 

 

 

 

 

Basic

$

2.65

 

 

$

2.18

 

 

$

1.74

 

Diluted

$

2.62

 

 

$

2.15

 

 

$

1.71

 

  

For the years ended December 31, 2015, 2014 and 2013, 6 thousand, 133 thousand and 11 thousand, respectively, of stock options and RSUs were excluded from the weighted-average diluted common shares outstanding due to their antidilutive effect.