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Earnings Per Share
6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share

The following is a reconciliation of net income per share:

 
For the Three Months Ended
 
For the Six Months Ended
 
June 30,
 
June 30,
 
2018
 
2017
 
2018
 
2017
(in thousands, except per share amounts)
 
 
 
 
 
 
 
Numerator for basic and diluted net income per share:
 
 
 
 
 
 
 
Net income from continuing operations
$
58,532

 
$
41,182

 
$
86,894

 
$
53,891

(Loss)/income from discontinued operations, net of tax
(16
)
 
78

 
(91
)
 
2,495

Gain from sale of discontinued operations, net of tax

 

 

 
312

Net income
$
58,516

 
$
41,260

 
$
86,803

 
$
56,698

Denominator:
 

 
 

 
 

 
 

Weighted-average shares for basic income per share
81,284

 
84,548

 
81,269

 
84,490

Dilutive effect of stock options and restricted stock units
1,156

 
1,549

 
1,416

 
1,734

Weighted-average shares for diluted income per share
82,440

 
86,097

 
82,685

 
86,224

Income per share
 

 
 

 
 

 
 

Basic:
 

 
 

 
 

 
 

Net income from continuing operations
$
0.72

 
$
0.49

 
$
1.07

 
$
0.64

(Loss)/income from discontinued operations, net of tax

 

 

 
0.03

Gain from sale of discontinued operations, net of tax



 

 

Net income
$
0.72

 
$
0.49

 
$
1.07

 
$
0.67

Diluted:
 

 
 
 
 
 
 
Net income from continuing operations
$
0.71

 
$
0.48

 
$
1.05

 
$
0.63

(Loss)/income from discontinued operations, net of tax

 

 

 
0.03

Gain from sale of discontinued operations, net of tax



 

 

Net income
$
0.71

 
$
0.48

 
$
1.05

 
$
0.66



The dilutive effect of share-based compensation awards has been calculated using the treasury-stock method. For the three months ended June 30, 2018 and 2017, an aggregate of less than 0.1 million RSUs and PBRSUs, and an aggregate of less than 0.1 million RSUs, respectively, were excluded from the weighted-average diluted common shares outstanding due to their anti-dilutive effect. For the six months ended June 30, 2018 and 2017, an aggregate of less than 0.1 million RSUs and PBRSUs and an aggregate of less than 0.1 million of RSUs, respectively, were excluded from the weighted-average diluted common shares outstanding due to their anti-dilutive effect.