Earnings Per Share

12 Months Ended

Dec. 31, 2016

NOTE 15—EARNINGS PER SHARE

The following table shows the amounts used in computing our basic and diluted earnings per common share:



	For the Year Ended December 31,
	2016			2015		2014
	(In thousands, except per share amounts)
Numerator for basic and diluted earnings per share:
Income from continuing operations attributable to common stockholders	$	650,153		$	406,740	$	376,032
Discontinued operations	(922		)	11,103		99,735
Net income attributable to common stockholders	$	649,231		$	417,843	$	475,767
Denominator:
Denominator for basic earnings per share—weighted average shares	344,703			330,311		294,175
Effect of dilutive securities:
Stock options	569			360		495
Restricted stock awards	176			41		55
OP units	2,942			3,295		1,952
Denominator for diluted earnings per share—adjusted weighted average shares	348,390			334,007		296,677
Basic earnings per share:
Income from continuing operations attributable to common stockholders	$	1.88		$	1.23	$	1.28
Discontinued operations	0.00			0.03		0.34
Net income attributable to common stockholders	$	1.88		$	1.26	$	1.62
Diluted earnings per share:
Income from continuing operations attributable to common stockholders	$	1.86		$	1.22	$	1.26
Discontinued operations	0.00			0.03		0.34
Net income attributable to common stockholders	$	1.86		$	1.25	$	1.60

There were 1.4 million, 0.9 million and 0.5 million anti-dilutive options outstanding for the years ended December 31, 2016, 2015 and 2014, respectively.