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Net Income Per Share (Tables)
9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Income Per Share

The following table sets forth the computation of basic and diluted net income per share:

 

    Three Months Ended September 30,     Nine Months Ended September 30,  
    2014     2013     2014     2013  

Numerator:

       

Net income

  $ 29,117      $ 2,458      $ 81,586      $ 15,539   
 

 

 

   

 

 

   

 

 

   

 

 

 

Denominator:

       

Shares used in net income per common share – basic

    53,054,000        53,165,000        53,276,000        52,998,000   

Effect of dilutive securities:

       

Stock options, restricted stock and employee stock purchase plan

    256,000        348,000        265,000        412,000   
 

 

 

   

 

 

   

 

 

   

 

 

 

Shares used in net income per common share – diluted

    53,310,000        53,513,000        53,541,000        53,410,000   
 

 

 

   

 

 

   

 

 

   

 

 

 

Net income per common share:

       

Basic

  $ 0.55      $ 0.05      $ 1.53      $ 0.29   

Diluted

  $ 0.55      $ 0.05      $ 1.52      $ 0.29