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Earnings Per Share
6 Months Ended
Jun. 30, 2016
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):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2016
 
2015
 
2016
 
2015
Numerators:
 
 
 
 
 
 
 
Numerator for both basic and diluted EPS, net income
$
86,485,242

 
$
74,558,437

 
$
166,765,236

 
$
151,741,878

Denominators:
 
 
 
 
 
 
 
Denominator for basic EPS, weighted-average shares outstanding
288,803,045

 
293,958,258

 
288,943,030

 
294,461,499

Potentially dilutive shares resulting from stock plans
2,660,838

 
3,503,844

 
2,429,695

 
3,528,533

Denominator for diluted EPS
291,463,883

 
297,462,102

 
291,372,725

 
297,990,032

 
 
 


 
 
 
 
Shares related to stock plans not included in diluted average common shares outstanding because their effect would be anti-dilutive
4,330,316

 
1,804,157

 
6,563,404

 
1,496,107