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EARNINGS PER SHARE
 9 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE:
 
The following table reconciles income (numerator) and shares (denominator) used in our computations of basic and diluted earnings per share for the periods presented (in thousands):

 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
 
2018
 
2017
 
2018
 
2017
Income (Numerator)
 
 
 
 
 
 
 
Net income
$
65,000

 
$
32,566

 
$
138,304

 
$
149,303

Net income attributable to noncontrolling interests
(1,125
)
 
(1,929
)
 
(3,264
)
 
(16,820
)
Numerator for basic and diluted earnings per common share available to common shareholders
$
63,875

 
$
30,637

 
$
135,040

 
$
132,483

 
 
 
 
 
 
 
 
Shares (Denominator)
 

 
 

 
 
 
 
Weighted-average common shares outstanding
102,083

 
102,245

 
102,069

 
99,210

Dilutive effect of stock-settled appreciation rights and outstanding stock options
706

 
810

 
829

 
963

Weighted-average common and common equivalent shares outstanding
102,789

 
103,055

 
102,898

 
100,173



The following table shows the weighted-average stock-settled appreciation rights and outstanding stock options (in thousands) that are excluded from the calculation of diluted earnings per common share as the inclusion of such shares would be anti-dilutive:

 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
 
2018
 
2017
 
2018
 
2017
Weighted-average stock-settled appreciation rights and outstanding stock options excluded
1,600

 
1,150

 
1,233

 
383