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EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Schedule of reconciliation of income (numerator) and shares (denominator) used in computation of diluted 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 
 June 30,
 
Six Months Ended 
 June 30,
 
2019
 
2018
 
2019
 
2018
Income (Numerator)
 
 
 
 
 
 
 
Net income
$
43,383

 
$
29,309

 
$
66,154

 
$
73,304

Net income attributable to noncontrolling interests
(1,086
)
 
(1,268
)
 
(2,185
)
 
(2,139
)
Numerator for basic and diluted earnings per common share available to common shareholders
$
42,297

 
$
28,041

 
$
63,969

 
$
71,165

 
 
 
 
 
 
 
 
Shares (Denominator)
 

 
 

 
 
 
 
Weighted-average common shares outstanding
91,764

 
102,224

 
92,032

 
102,062

Dilutive effect of stock-settled appreciation rights and outstanding stock options
1,399

 
762

 
1,157

 
890

Weighted-average common and common equivalent shares outstanding
93,163

 
102,986

 
93,189

 
102,952


Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
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 
 June 30,
 
Six Months Ended 
 June 30,
 
2019
 
2018
 
2019
 
2018
Weighted-average stock-settled appreciation rights and outstanding stock options excluded

 
1,600

 
475

 
1,050