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THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
9 Months Ended
Sep. 30, 2017
Accounting Policies [Abstract]  
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 September 30,
 
Nine months ended September 30,
 
 
2017
 
2016
 
2017
 
2016
Numerator:
 
 
 
 
 
 
 
 
Net income
 
$
14,020

 
$
16,235

 
$
40,774

 
$
42,190

Less: Income allocated to participating securities
 
(129
)
 
(141
)
 
(381
)
 
(376
)
Net income available to common stockholders
 
$
13,891

 
$
16,094

 
$
40,393

 
$
41,814

Denominator:
 
 

 
 

 
 

 
 

Weighted average shares - basic
 
66,267

 
65,978

 
66,188

 
65,890

Performance-based restricted stock awards
 

 
27

 

 
25

Weighted average shares - diluted
 
66,267

 
66,005

 
66,188

 
65,915

 
 
 
 
 
 
 
 
 
Basic net income per share:
 
 

 
 

 
 

 
 

Net income
 
$
0.21

 
$
0.24

 
$
0.61

 
$
0.63

 
 
 
 
 
 
 
 
 
Diluted net income per share:
 
 

 
 

 
 

 
 

Net income
 
$
0.21

 
$
0.24

 
$
0.61

 
$
0.63