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Earnings per Share (Tables)
9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Computation of basic and diluted earnings per common share
The following table sets forth the computation of basic and diluted earnings per common share:
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2015
 
2014
 
2015
 
2014
 
(in thousands, except per share amounts)
Numerator
 
 
 
 
 
 
 
Net income
$
97,114

 
$
67,000

 
$
242,820

 
$
169,555

Denominator
 
 
 
 
 
 
 
Weighted-average shares outstanding, basic
71,738

 
72,755

 
72,432

 
72,727

Effect of dilutive stock awards
146

 
548

 
248

 
557

Adjusted weighted-average shares outstanding, diluted
71,884

 
73,303

 
72,680

 
73,284

Net income per share
 
 
 
 
 
 
 
Basic earnings per common share
$
1.35

 
$
0.92

 
$
3.35

 
$
2.33

Diluted earnings per common share
$
1.35

 
$
0.91

 
$
3.34

 
$
2.31

 
 
 
 
 
 
 
 
Anti-dilutive weighted-average shares
57



 
47

 
38