Computation of Net Earnings per Share

3 Months Ended

Mar. 31, 2016

Computation of Net Earnings per Share

Computation of Net Earnings per Share

Note 3.Computation of Net Earnings per Share

Basic earnings per share is computed by dividing net income available to common stockholders (the numerator) by the weighted-average number of common shares outstanding (the denominator) for the period. The computation of diluted earnings per share is similar to basic earnings per share, except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potentially dilutive common shares had been issued, calculated using the treasury stock method.

The components of net earnings per share are as follows:

	Three months ended March 31,
	2016		2015
	(in thousands, except per share data)
Net income available to common stockholders	$	1,948	$	1,868
Weighted average common shares outstanding used in computing basic net earnings per share	116,152		113,152
Incremental options and RSUs	5,926		5,568
Weighted average common shares outstanding used in computing diluted net earnings per share	122,078		118,720
Net earnings per share
Basic	$	0.02	$	0.02
Diluted	$	0.02	$	0.02