EARNINGS PER SHARE

6 Months Ended

Jun. 30, 2014

EARNINGS PER SHARE

EARNINGS PER SHARE

5. EARNINGS PER SHARE

The following table reconciles income (numerator) and shares (denominator) used in our computations of diluted earnings per share for the periods presented (in thousands):

	Three Months Ended June 30,						Six Months Ended June 30,
	2014			2013			2014			2013
Income (Numerator)
Income from continuing operations	$	41,601		$	12,956		$	69,258		$	29,471
Income impact of assumed conversion of the 4.875% Notes, net of taxes	—			45			—			90
Income impact of assumed conversion of the 3.0% Notes, net of taxes	—			26			—			53
Net (income) attributable to noncontrolling interests included in continuing operations	(266		)	(233		)	(765		)	(106		)
Numerator for diluted earnings per common share from continuing operations available to common shareholders	41,335			12,794			68,493			29,508
Income from discontinued operations, net of taxes	—			5,103			—			5,458
Numerator for diluted earnings available to common shareholders	$	41,335		$	17,897		$	68,493		$	34,966
Shares (Denominator)
Weighted-average common shares outstanding	97,174			92,083			97,994			86,667
Dilutive effect of stock settled appreciation rights, restricted stock awards and outstanding stock options	690			871			684			547
Dilutive effect of 4.875% Notes	—			339			—			339
Dilutive effect of 3.0% Notes	—			311			—			311
Weighted-average common and common equivalent shares outstanding	97,864			93,604			98,678			87,864

There are no potentially dilutive securities representing shares of common stock for the three and six months ended June 30, 2014 and 2013.