Earnings Per Share

12 Months Ended

Dec. 31, 2015

Earnings Per Share [Abstract]

Earnings Per Share

EARNINGS PER SHARE

Following is a reconciliation of basic earnings per share (“EPS”) and diluted EPS (in thousands, except per share amounts):

	Year Ended December 31,
	2015						2014						2013
	Net Income		Shares	Per Share Amount			Net Income		Shares	Per Share Amount			Net Income		Shares	Per Share Amount
Basic EPS	$	124,009	41,419	$	2.99		$	105,064	41,969	$	2.50		$	126,673	40,446	$	3.13
Dilutive effect of 2.875% convertible debt	—		—	—			—		—	—			780		1,287	(0.08		)
Dilutive effect of stock options, restricted stock units, and shares issuable to Philips	—		420	(0.03		)	—		559	(0.03		)	—		662	(0.04		)
Diluted EPS	$	124,009	41,839	$	2.96		$	105,064	42,528	$	2.47		$	127,453	42,395	$	3.01

The following table sets forth the schedule of anti-dilutive securities excluded from the computation of diluted EPS (number of shares, in thousands):

	Year Ended December 31,
	2015	2014	2013
Stock options	523	271	142
Restricted stock units	92	6	33