Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE

v3.19.2
EARNINGS PER SHARE
6 Months Ended
Jun. 30, 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 June 30,
 
2019
 
2018
 
Income
 
Shares
 
Per
Share
 
Income
 
Shares
 
Per
Share
 
(In thousands, except share data)
Basic:
 
 
 
 
 
 
 
 
 
 
 
Net income
$
234,956

 
159,324,909

 
$
1.47

 
$
111,319

 
173,623,630

 
$
0.64

Effect of dilutive securities:

 

 

 

 

 

Stock options and awards

 
181,917

 

 

 
516,997

 

Diluted:

 

 

 

 

 

Net income
$
234,956

 
159,506,826

 
$
1.47

 
$
111,319

 
174,140,627

 
$
0.64


 
Six months ended June 30,
 
2019
 
2018
 
Income
 
Shares
 
Per
Share
 
Income
 
Shares
 
Per
Share
 
(In thousands, except share data)
Basic:
 
 
 
 
 
 
 
 
 
 
 
Net income
$
297,198

 
161,064,787

 
$
1.85

 
$
201,409

 
177,158,230

 
$
1.14

Effect of dilutive securities:

 

 

 
 
 

 

Stock options and awards

 
525,300

 

 

 
579,052

 

Diluted:

 

 

 
 
 

 

Net income
$
297,198

 
161,590,087

 
$
1.84

 
$
201,409

 
177,737,282

 
$
1.13