Note 8 – Earnings Per Share

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

	Three Months Ended September 30,				Nine Months Ended September 30,
(in thousands, except per share amounts)	2017		2016		2017		2016
Numerator
Net income attributable to the Company	$	21,383	$	107,320	$	201,922	$	261,970
Denominator
Basic weighted-average shares		111,799		110,571		111,578		110,423
Effect of dilutive employee stock options and restricted stock units (“RSUs”)		776		680		676		583
Diluted weighted-average shares		112,575		111,251		112,254		111,006
Net income per share attributable to the Company’s stockholders
Basic	$	0.19	$	0.97	$	1.81	$	2.37
Diluted	$	0.19	$	0.96	$	1.80	$	2.36

For the three and nine months ended September 30, 2017, 1 thousand RSUs and 8 thousand RSUs, respectively, were excluded from weighted-average diluted common shares outstanding due to their antidilutive effect. For the three months ended September 30, 2016, no RSUs had an antidilutive effect on weighted-average diluted common shares outstanding, and for the nine months ended September 30, 2016, 17 thousand RSUs were excluded from weighted-average diluted common shares outstanding due to their antidilutive effect. No stock options had an antidilutive effect on weighted-average diluted common shares outstanding for either period in the current year or in the prior year.