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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share

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

 

 

 

Three Months Ended

June 30,

 

 

Six Months Ended

June 30,

 

(in thousands, except per share amounts)

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to the Company

 

$

155,140

 

 

$

122,257

 

 

$

231,367

 

 

$

180,539

 

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted-average shares

 

 

112,556

 

 

 

111,549

 

 

 

112,406

 

 

 

111,374

 

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

 

 

561

 

 

 

650

 

 

 

687

 

 

 

652

 

Diluted weighted-average shares

 

 

113,117

 

 

 

112,199

 

 

 

113,093

 

 

 

112,026

 

Net income per share attributable to the Company’s stockholders

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

1.38

 

 

$

1.10

 

 

$

2.06

 

 

$

1.62

 

Diluted

 

$

1.37

 

 

$

1.09

 

 

$

2.05

 

 

$

1.61