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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table reflects the allocation of net income to common shareholders and EPS computations for the periods indicated based on a weighted average number of common stock outstanding for the period:
(in thousands, except per share data)
For the Three Months Ended June 30, 2017
 
For the Six Months Ended June 30, 2017
Net income attributable to common shareholders
$
20,762

 
$
30,585

Add: Income from conversion of Class C Common Stock
1,477

 
1,995

Adjusted net income attributable to common shareholders
22,239

 
32,580

 
 
 
 
Basic net earnings per share
$
0.09

 
$
0.14

Diluted net earnings per share
$
0.09

 
$
0.14

 
 
 
 
Basic weighted average shares outstanding
223,623

 
212,759

Add: Dilutive effects of equity awards
925

 
2,046

Add: Dilutive effects of conversion
19,156

 
19,156

Diluted weighted average shares outstanding
243,704

 
233,961