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Earnings Per Share
9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share

The following table reconciles the numerators and denominators used in the calculation of basic and diluted earnings per share (EPS), adjusted for the 2 for 1 stock split effected in the form of a 100% stock dividend issued on December 31, 2014:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2015
 
2014
 
2015
 
2014
Numerators:
 
 
 
 
 
 
 
Numerator for both basic and diluted EPS, net income
$
78,332,425

 
$
72,336,883

 
$
230,074,303

 
$
217,629,700

Denominators:
 
 
 
 
 
 
 
Denominator for basic EPS, weighted-average shares outstanding
292,589,866

 
290,969,434

 
293,742,028
 
290,383,296

Potentially dilutive shares resulting from stock plans
2,787,612

 
1,906,518

 
3,252,544

 
2,353,616

Denominator for diluted EPS
295,377,478

 
292,875,952

 
296,994,572

 
292,736,912

 
 
 


 
 
 


Shares related to stock plans not included in diluted average common shares outstanding because their effect would be anti-dilutive
3,756,369

 
7,698,848

 
1,611,900

 
2,949,114