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Earnings (Loss) Per Share (Tables)
6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Computations of Class A Basic and Diluted Earnings (Loss) per Share
The computations for Class A basic and diluted earnings per share are as follows (in thousands except share data):
 
Three months ended June 30,
 
Six months ended June 30,
 
2018
 
2017
 
2018
 
2017
Numerator for basic and diluted earnings per share:
 
 
 
 
 
 
 
Net earnings attributable to controlling interest
$
32,718

 
$
14,220

 
$
168,640

 
$
19,873

Less: earnings allocated to participating securities
(40
)
 
(26
)
 
(157
)
 
(48
)
Numerator for basic EPS - net income attributable to common stockholders
$
32,678

 
$
14,194

 
$
168,483

 
$
19,825

Add back allocation of earnings to participating securities
40

 
26

 
157

 
48

Add back convertible senior notes interest

 

 
7,480

 

Reallocation of earnings to participating securities considering potentially dilutive securities
(40
)
 
(26
)
 
(148
)
 
(48
)
Numerator for diluted earnings per share - net income attributable to common stockholders
$
32,678

 
$
14,194

 
$
175,972

 
$
19,825

 
 
 
 
 
 
 
 
Denominator for earnings per share:
 
 
 
 
 
 
 
Weighted average number of shares:
 
 
 
 
 
 
 
Class A common stock - basic
97,459,472

 
87,065,591

 
97,444,016

 
87,064,110

Add dilutive effect of:
 
 
 
 
 
 
 
Stock options

 
7,488

 

 

Restricted stock awards
36,348

 
144,302

 
47,886

 
185,366

Restricted stock units
397

 

 
45

 
7,654

Convertible senior notes

 

 
8,170,740

 

Class A common stock - diluted
97,496,217

 
87,217,381

 
105,662,687

 
87,257,130

 
 
 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
 
 
Class A common stock:
 
 
 
 
 
 
 
Basic
$
0.34

 
$
0.16

 
$
1.73

 
$
0.23

Diluted
$
0.34

 
$
0.16

 
$
1.67

 
$
0.23

 
 
 
 
 
 
 
 
Dividends declared per Class A common share
$
0.42

 
$
0.42

 
$
0.84

 
$
0.83