Net Income per Share

6 Months Ended

Jun. 30, 2018

10. Net Income per Share

The computation of basic and diluted net income per share was as follows:


	Three months ended June 30,				Six months ended June 30,
	2018		2017		2018		2017
	(in thousands, except per share data)				(in thousands, except per share data)
Basic:
Net income available for common stockholders	$	8,751	$	4,632	$	12,604	$	7,851

Weighted average shares outstanding		19,320		18,816		19,301		18,724

Basic earnings per share	$	0.45	$	0.25	$	0.65	$	0.42

Diluted:
Net income available for common stockholders	$	8,751	$	4,632	$	12,604	$	7,851

Weighted-average shares outstanding		19,320		18,816		19,301		18,724
Common stock equivalents, if dilutive		940		1,159		942		1,131

Shares used in computing diluted earnings per common share		20,260		19,975		20,243		19,855

Diluted earnings per share	$	0.43	$	0.23	$	0.62	$	0.40

Shares excluded in computing diluted earnings per share as those shares would be anti-dilutive		214		1		214		1