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EARNINGS PER SHARE
 3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
EARNINGS PER SHARE

The following table presents the calculation of basic and diluted earnings per common share from continuing operations:
 
Three months ended March 31,
 
2017
 
2016
 
(In thousands, except per share amounts)
Earnings per share — Basic:
 
 
 
Earnings from continuing operations
$
38,279

 
56,185

Less: Earnings allocated to unvested stock
(130
)
 
(166
)
Earnings from continuing operations available to common shareholders — Basic
$
38,149

 
56,019

 
 
 
 
Weighted average common shares outstanding — Basic
52,945

 
53,076

 
 
 
 
Earnings from continuing operations per common share — Basic
$
0.72

 
1.06

 
 
 
 
Earnings per share — Diluted:
 
 
 
Earnings from continuing operations
$
38,279

 
56,185

Less: Earnings allocated to unvested stock
(130
)
 
(166
)
Earnings from continuing operations available to common shareholders — Diluted
$
38,149

 
56,019

 
 
 
 
Weighted average common shares outstanding — Basic
52,945

 
53,076

Effect of dilutive equity awards
451

 
287

Weighted average common shares outstanding — Diluted
53,396

 
53,363

 
 
 
 
Earnings from continuing operations per common share — Diluted
$
0.71

 
1.05

 
 
 
 
Anti-dilutive equity awards not included above
591

 
1,186