EARNINGS PER COMMON SHARE

3 Months Ended

Mar. 31, 2019

Earnings Per Share [Abstract]

EARNINGS PER COMMON SHARE

NOTE 14—EARNINGS PER SHARE

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

	For the Three Months Ended March 31,
	2019		2018
	(In thousands, except per share amounts)
Numerator for basic and diluted earnings per share:
Income from continuing operations	$	127,588	$	80,108
Discontinued operations	—		(10		)
Net income	127,588		80,098
Net income attributable to noncontrolling interests	1,803		1,395
Net income attributable to common stockholders	$	125,785	$	78,703
Denominator:
Denominator for basic earnings per share—weighted average shares	356,853		356,112
Effect of dilutive securities:
Stock options	328		125
Restricted stock awards	440		188
OP unitholder interests	2,998		2,428
Denominator for diluted earnings per share—adjusted weighted average shares	360,619		358,853
Basic earnings per share:
Income from continuing operations	$	0.36	$	0.22
Net income attributable to common stockholders	0.35		0.22
Diluted earnings per share:
Income from continuing operations	$	0.35	$	0.22
Net income attributable to common stockholders	0.35		0.22
Dividends declared per common share	$	0.7925	$	0.79