Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE

v3.19.1
EARNINGS PER SHARE
3 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
EARNINGS PER SHARE
Reconciliations of the components of basic and diluted net income per common share are presented in the tables below:
 
Three months ended March 31,
 
2019
 
2018
 
Income
 
Shares
 
Per
Share
 
Income
 
Shares
 
Per
Share
 
(In thousands, except share data)
Basic:
 
 
 
 
 
 
 
 
 
 
 
Net income
$
62,242

 
162,823,997

 
$
0.38

 
$
90,090

 
180,714,881

 
$
0.50

Effect of dilutive securities:

 

 

 

 

 

Stock options and awards

 
275,412

 

 

 
87,420

 

Diluted:

 

 

 

 

 

Net income
$
62,242

 
163,099,409

 
$
0.38

 
$
90,090

 
180,802,301

 
$
0.50