Note 11 - Net Income Per Share

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Earnings Per Share [Text Block]

11.   NET INCOME PER SHARE

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

	Year Ended December 31,
	2019		2018		2017
Numerator:
Net income	$	108,839	$	105,268	$	65,203
Denominator:
Weighted-average outstanding shares - basic		43,165		42,247		41,350
Effect of dilutive securities		2,598		2,355		2,228
Weighted-average outstanding shares - diluted		45,763		44,602		43,578
Net income per share:
Basic	$	2.52	$	2.49	$	1.58
Diluted	$	2.38	$	2.36	$	1.50

Anti-dilutive common stock equivalents were not material in any of the periods presented.