EARNINGS PER SHARE (Notes)

3 Months Ended

Mar. 31, 2020

EARNINGS PER SHARE [Line Items]

Earnings Per Share [Text Block]

EARNINGS PER SHARE

Basic EPS is based on net income and is calculated based upon the daily weighted-average number of common shares outstanding during the periods presented. Also, this calculation includes fully vested stock awards that have not yet been issued as common stock. Diluted EPS includes basic EPS, plus unvested stock awards granted under our compensation plans, but only to the extent these instruments dilute earnings per share.

The following tables set forth the computation of basic and diluted EPS from continuing operations for the periods indicated:

	Three Months Ended March 31, 2020
	Income		Shares	Per Share Amount
	(Thousands, except per share amounts)
Basic EPS Calculation
Net income available for common stock	$	91,677	53,007	$	1.73
Diluted EPS Calculation
Effect of dilutive securities	—		261
Net income available for common stock and common stock equivalents	$	91,677	53,268	$	1.72

	Three Months Ended March 31, 2019
	Income		Shares	Per Share Amount
	(Thousands, except per share amounts)
Basic EPS Calculation
Net income available for common stock	$	93,660	52,825	$	1.77
Diluted EPS Calculation
Effect of dilutive securities	—		381
Net income available for common stock and common stock equivalents	$	93,660	53,206	$	1.76