Schedule of basic and diluted earnings per common share from continuing operations |
The following table presents the calculation of basic and diluted earnings per common share from continuing operations: | | | | | | | | | | | | | | | | Three months ended September 30, | | Nine months ended September 30, | | 2016 | | 2015 | | 2016 | | 2015 | | (In thousands, except per share amounts) | Earnings per share — Basic: | | | | | | | | Earnings from continuing operations | $ | 85,138 |
| | 90,811 |
| | $ | 215,365 |
| | 230,054 |
| Less: Earnings allocated to unvested stock | (261 | ) | | (266 | ) | | (674 | ) | | (654 | ) | Earnings from continuing operations available to common shareholders — Basic | $ | 84,877 |
| | 90,545 |
| | $ | 214,691 |
| | 229,400 |
| | | | | | | | | Weighted average common shares outstanding — Basic | 52,953 |
| | 52,888 |
| | 53,029 |
| | 52,770 |
| | | | | | | | | Earnings from continuing operations per common share — Basic | $ | 1.60 |
| | 1.71 |
| | $ | 4.05 |
| | 4.35 |
| | | | | | | | | Earnings per share — Diluted: | | | | | | | | Earnings from continuing operations | $ | 85,138 |
| | 90,811 |
| | $ | 215,365 |
| | 230,054 |
| Less: Earnings allocated to unvested stock | (260 | ) | | (265 | ) | | (672 | ) | | (649 | ) | Earnings from continuing operations available to common shareholders — Diluted | $ | 84,878 |
| | 90,546 |
| | $ | 214,693 |
| | 229,405 |
| | | | | | | | | Weighted average common shares outstanding — Basic | 52,953 |
| | 52,888 |
| | 53,029 |
| | 52,770 |
| Effect of dilutive equity awards | 338 |
| | 445 |
| | 315 |
| | 476 |
| Weighted average common shares outstanding — Diluted | 53,291 |
| | 53,333 |
| | 53,344 |
| | 53,246 |
| | | | | | | | | Earnings from continuing operations per common share — Diluted | $ | 1.59 |
| | 1.70 |
| | $ | 4.02 |
| | 4.31 |
| | | | | | | | | Anti-dilutive equity awards not included above | 653 |
| | 352 |
| | 836 |
| | 300 |
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