Earnings per Share

6 Months Ended

Jun. 30, 2017

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,
	2017		2016		2017		2016
	(in thousands, except per share amounts)
Numerator
Net income	$	78,143	$	73,084	$	110,078	$	135,004
Denominator
Weighted-average shares outstanding, basic	69,370		70,770		69,359		71,173
Effect of dilutive stock awards	191		143		217		174
Adjusted weighted-average shares outstanding, diluted	69,561		70,913		69,576		71,347
Net income per share
Basic earnings per common share	$	1.13	$	1.03	$	1.59	$	1.90
Diluted earnings per common share	$	1.12	$	1.03	$	1.58	$	1.89

Anti-dilutive weighted-average shares	17		54		52		69