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Net Income Per Share (Tables)
12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Reconciliation between Basic and Diluted Weighted Average Shares Outstanding
The following is a reconciliation between basic and diluted weighted average shares outstanding for the years ended December 31:
 
(in thousands, except per share data)
2015
 
2014
 
2013
Net income
$
243,318

 
$
206,896

 
$
217,112

Net income attributable to unvested awarded performance stock
(5,695
)
 
(5,186
)
 
(5,446
)
Net income attributable to common shares
$
237,623

 
$
201,710

 
$
211,666

Weighted average number of common shares outstanding – basic
141,113

 
144,568

 
144,662

Less unvested awarded performance stock included in weighted average number of common shares outstanding – basic
(3,303
)
 
(3,624
)
 
(3,629
)
Weighted average number of common shares outstanding for basic earnings per common share
137,810

 
140,944

 
141,033

Dilutive effect of stock options
2,302

 
1,947

 
1,591

Weighted average number of shares outstanding – diluted
140,112

 
142,891

 
142,624

Net income per share:
 
 
 
 
 
Basic
$
1.72

 
$
1.43

 
$
1.50

Diluted
$
1.70

 
$
1.41

 
$
1.48