XML 51 R17.htm IDEA: XBRL DOCUMENT v3.2.0.727
Net Income per Common Share
 6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Net Income per Common Share
Net Income per Common Share
The following table sets forth the calculation of basic and diluted net income per share for the three months ended June 30, 2015 and 2014 (in thousands, except per share amounts):
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2015
 
2014
 
2015
 
2014
Net income
$
18,883

 
$
22,829

 
$
40,440

 
$
47,682

Weighted-average shares of common stock used to compute basic net income per share (excluding unvested restricted stock)
104,574

 
109,739

 
105,247

 
109,453

Effect of dilutive common stock equivalents:
 
 
 
 
 
 
 
Dilutive effect of unvested restricted stock units
1,088

 
559

 
1,013

 
606

Dilutive effect of employee stock options
903

 
1,303

 
731

 
1,711

Shares used in computing diluted net income per common share
106,565

 
111,601

 
106,991

 
111,770

Basic net income per common share
$
0.18

 
$
0.21

 
$
0.38

 
$
0.44

Diluted net income per common share
$
0.18

 
$
0.20

 
$
0.38

 
$
0.43

Weighted average stock options and restricted stock units excluded from calculation due to anti-dilutive effect
611

 
5,147

 
2,254

 
4,900