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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2019
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)

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to the Company

 

$

186,655

 

 

$

155,140

 

 

$

296,230

 

 

$

231,367

 

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted-average shares

 

 

113,050

 

 

 

112,556

 

 

 

112,881

 

 

 

112,406

 

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

 

 

448

 

 

 

561

 

 

 

485

 

 

 

687

 

Diluted weighted-average shares

 

 

113,498

 

 

 

113,117

 

 

 

113,366

 

 

 

113,093

 

Net income per share attributable to the Company’s stockholders

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

1.65

 

 

$

1.38

 

 

$

2.62

 

 

$

2.06

 

Diluted

 

$

1.64

 

 

$

1.37

 

 

$

2.61

 

 

$

2.05