Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2018

Net income per share

Schedule of Computation basic and diluted net loss per share

The following table sets forth the computation of the basic and diluted net income per share for the periods indicated (in thousands, except per share amounts):

	Three months ended June 30,				Six months ended June 30,
	2018		2017		2018		2017
Numerator:
Net income	$	8,034	$	29,071	$	10,154	$	48,860
Denominator:
Weighted average shares used to compute net income per share
Basic		19,590		19,081		19,541		18,841
Effect of dilutive options and restricted stock units		490		1,286		471		1,115
Diluted		20,080		20,367		20,012		19,956
Net income per share
Basic	$	0.41	$	1.52	$	0.52	$	2.59
Diluted	$	0.40	$	1.43	$	0.51	$	2.45