Earnings per Share

6 Months Ended

Jun. 30, 2015

Earnings Per Share [Abstract]

Earnings per Share

Earnings per Share

The following table sets forth the computation of basic and diluted earnings per common share:

	Three Months Ended June 30,				Six Months Ended June 30,
	2015		2014		2015		2014
	(in thousands, except per share amounts)
Numerator
Net income	$	76,704	$	64,849	$	145,706	$	102,555
Denominator
Weighted-average shares outstanding, basic	72,518		72,740		72,784		72,712
Effect of dilutive stock awards	283		554		299		562
Adjusted weighted-average shares outstanding, diluted	72,801		73,294		73,083		73,274
Net income per share
Basic earnings per common share	$	1.06	$	0.89	$	2.00	$	1.41
Diluted earnings per common share	$	1.05	$	0.88	$	1.99	$	1.40
Anti-dilutive weighted-average shares	56		57		42		56