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Net Income Per Share (Tables)
12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Calculation of Net Income Per Share
The calculation of net income per share for the three years ended December 31, 2014 is reflected in the following table (in thousands, except per share amounts):
 
 
 
Years Ended December 31,
 
 
2014
 
2013
 
2012
Basic net income per share:
 
 
 
 
 
 
Net income
 
$
305,928

 
$
252,195

 
$
209,942

Income allocated to participating securities
 

 
3

 
1,081

Net income available to common
stockholders
 
$
305,928

 
$
252,192

 
$
208,861

Basic weighted average shares
 
134,358

 
136,153

 
138,201

Basic net income per share
 
$
2.28

 
$
1.85

 
$
1.51

Diluted net income per share:
 
 
 
 
 
 
Net income
 
$
305,928

 
$
252,195

 
$
209,942

Income allocated to participating securities
 

 
3

 
1,075

Net income available to common
stockholders
 
$
305,928

 
$
252,192

 
$
208,867

Basic weighted average shares
 
134,358

 
136,153

 
138,201

Dilutive effect of potential common shares
 
1,183

 
1,436

 
1,208

Diluted weighted average shares
 
135,541

 
137,589

 
139,409

Diluted net income per share
 
$
2.26

 
$
1.83

 
$
1.50

Weighted Average Diluted Common Shares Outstanding
The weighted average diluted common shares outstanding for the years ended December 31, 2014, 2013 and 2012, excludes the effect of the following (in thousands):
 
 
 
Years Ended
December 31,
 
 
2014
 
2013
 
2012
Total number of anti-dilutive potential common shares
 
1

 

 
227