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The Company and Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2013
Computation of Basic and Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share amounts):
Three months ended
March 31,
2013
2012
Numerator:
Net income
$ 9,957 $ 5,628
Less: Income allocated to participating securities
(113 ) (73 )
Net income available to common stockholders
$ 9,844 $ 5,555
Denominator:
Weighted average shares - basic
64,710 64,297
Performance-based restricted stock awards
- -
Weighted average shares - diluted
64,710 64,297
 
Basic net income per share:
Net income
$ 0.15 $ 0.09
 
Diluted net income per share:
Net income
$ 0.15 $ 0.09