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Net Income Per Share
9 Months Ended
Sep. 30, 2015
Net Income Per Share [Abstract]  
Net Income Per Share

(2)     Net Income per Share

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30,

 

Nine Months Ended September 30,

 

2014

 

2015

 

2014

 

2015

Numerator (basic and diluted):

 

 

 

 

 

 

 

 

 

 

 

Net income

$

4,113 

 

$

7,598 

 

$

15,144 

 

$

16,755 

Denominator (basic):

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

35,234 

 

 

35,880 

 

 

35,062 

 

 

35,733 

Denominator (diluted):

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

35,234 

 

 

35,880 

 

 

35,062 

 

 

35,733 

Dilutive stock options and other

 

918 

 

 

636 

 

 

1,205 

 

 

862 

Diluted weighted average common shares outstanding

 

36,152 

 

 

36,516 

 

 

36,267 

 

 

36,595 

Net income per share:

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.12 

 

$

0.21 

 

$

0.43 

 

$

0.47 

Diluted

$

0.11 

 

$

0.21 

 

$

0.42 

 

$

0.46 

 

Diluted net income per share does not include the effect of the following anti-dilutive common equivalent shares (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30,

 

Nine Months Ended September 30,

 

2014

 

2015

 

2014

 

2015

Stock options outstanding

1,063 

 

1,419 

 

1,158 

 

944