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Earnings Per Share
12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Earnings Per Share

NOTE 12.      EARNINGS PER SHARE

 

The following is a reconciliation of shares outstanding for basic and diluted earnings per share for the years ended December 31, 2014, 2013 and 2012  (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

For the Years Ended December 31,

 

 

 

2014 

 

2013 

 

2012 

 

 

 

 

 

 

 

 

 

Shares outstanding for basic earnings per share:

 

50,047 

 

53,159 

 

54,985 

 

 

 

 

 

 

 

 

 

Shares outstanding for diluted earnings per share:

 

 

 

 

 

 

 

Shares outstanding for basic earnings per share

 

50,047 

 

53,159 

 

54,985 

 

Dilutive effect of share-based payment awards

 

704 

 

826 

 

1,170 

 

 

 

50,751 

 

53,985 

 

56,155 

 

 

Certain options to acquire shares have been excluded from the calculation of shares outstanding for dilutive earnings per share because they were anti-dilutive. The following table presents information concerning those anti-dilutive options for the years ended December 31, 2014, 2013 and 2012 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

For the Years Ended December 31,

 

 

2014 

 

2013 

 

2012 

 

 

 

 

 

 

 

 

 

Weighted average number of shares underlying anti-dilutive options

 

322 

 

527 

 

696