XML 43 R22.htm IDEA: XBRL DOCUMENT v3.10.0.1
Earnings Per Share Level 1 (Notes)
12 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
Earnings Per Share
Basic earnings per common share (EPS) excludes dilution and is computed by dividing Net income attributable to common stockholders by the weighted average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur if securities or other obligations to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that shared in our earnings.
A reconciliation of the numerators and denominators of basic and diluted EPS is presented below:
 
Years Ended December 31,
 
2018
 
2017
 
2016
 
(In thousands, except per share amounts)
Amounts attributable to common stockholders:
 

 
 

 
 

Net income — basic
$
447,208

 
$
546,663

 
$
177,038

After tax interest on convertible debt

 
52

 
43

Net income — diluted
$
447,208

 
$
546,715

 
$
177,081

Weighted average shares:
 

 
 

 
 

Weighted average shares — basic
182,447

 
187,630

 
193,086

Stock options
4,339

 
4,396

 
2,823

Restricted share units
186

 
99

 
12

Convertible debt

 
121

 
121

Weighted average shares — diluted
186,972

 
192,246

 
196,042

Amounts attributable to common stockholders:
 
 
 
 
 
Net income per share:
 

 
 

 
 

Basic
$
2.45

 
$
2.91

 
$
0.92

Diluted
$
2.39

 
$
2.84

 
$
0.90


The computation of diluted earnings per share excludes outstanding stock options in certain periods in which the inclusion of such options would be antidilutive to the periods presented. Total antidilutive options not currently included in the computation of dilutive EPS