v3.2.0.727
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Computation of Net Income Per Share
The computation of earnings per share, as adjusted to reflect the effects of the Stock Split, are as follows:
 
Three Months Ended
 
Six Months Ended
 
June 30,
2015
 
June 30,
2014
 
June 30,
2015
 
June 30,
2014
 
(in thousands, except per share data)
Basic earnings per share:
 
 
 
 
 
 
 
Net income
$
26,335

 
$
71,018

 
$
50,031

 
$
124,133

Shares used in computation:
 
 
 
 
 
 
 
Weighted-average common shares outstanding
425,340

 
419,974

 
424,486

 
419,349

Basic earnings per share
$
0.06

 
$
0.17

 
$
0.12

 
$
0.30

 
 
 
 
 
 
 
 
Diluted earnings per share:
 
 
 
 
 
 
 
Net income
$
26,335

 
$
71,018

 
$
50,031

 
$
124,133

Shares used in computation:
 
 
 
 
 
 
 
Weighted-average common shares outstanding
425,340

 
419,974

 
424,486

 
419,349

Employee stock options
10,757

 
11,467

 
10,472

 
11,792

Weighted-average number of shares
436,097

 
431,441

 
434,958

 
431,141

Diluted earnings per share
$
0.06

 
$
0.16

 
$
0.12

 
$
0.29

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following table summarizes the potential common shares excluded from the diluted calculation, as adjusted to reflect the effects of the Stock Split:
 
Three Months Ended
 
Six Months Ended
 
June 30,
2015
 
June 30,
2014
 
June 30,
2015
 
June 30,
2014
 
(in thousands)
Employee stock options
80

 
693

 
938

 
490