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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2014
EARNINGS PER SHARE  
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 diluted earnings per share for the periods presented (in thousands):

 

 

 

Three Months Ended September 30,

 

Nine Months Ended September 30,

 

 

 

2014

 

2013

 

2014

 

2013

 

Income (Numerator)

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

48,768

 

$

30,551

 

$

118,026

 

$

60,022

 

Net income attributable to noncontrolling interests included in continuing operations

 

(427

)

(309

)

(1,192

)

(415

)

Numerator for diluted earnings per common share from continuing operations available to common shareholders

 

48,341

 

30,242

 

116,834

 

59,607

 

Income from discontinued operations, net of taxes

 

 

6,100

 

 

11,558

 

Numerator for diluted earnings available to common shareholders

 

$

48,341

 

$

36,342

 

$

116,834

 

$

71,165

 

 

 

 

 

 

 

 

 

 

 

Shares (Denominator)

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

97,154

 

99,473

 

97,712

 

90,982

 

Dilutive effect of stock settled appreciation rights, restricted stock awards and outstanding stock options

 

742

 

766

 

702

 

567

 

Weighted-average common and common equivalent shares outstanding

 

97,896

 

100,239

 

98,414

 

91,549