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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share

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

 

 

 

Three Months Ended
March 31,

 

(in thousands, except per share amounts)

2017

 

 

2016

 

Numerator

 

 

 

 

 

 

 

Net income attributable to the Company

$

58,282

 

 

$

52,501

 

Denominator

 

 

 

 

 

 

 

Basic weighted-average shares

 

111,179

 

 

 

110,149

 

Effect of dilutive employee stock options and
restricted stock units (“RSUs”)

 

643

 

 

 

521

 

Diluted weighted-average shares

 

111,822

 

 

 

110,670

 

Net income per share attributable to the Company’s stockholders

 

 

 

 

 

 

 

Basic

$

0.52

 

 

$

0.48

 

Diluted

$

0.52

 

 

$

0.47