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Net Income per Common Share (Tables)
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Summary of Calculation of Basic And Diluted EPS

The table below presents the calculation of basic and diluted EPS (in thousands, except per share amounts):  

 

 

Three Months Ended

June 30,

 

 

Six Months Ended

June 30,

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

     Net income

$

66,604

 

 

$

56,622

 

 

$

102,312

 

 

$

79,842

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

     Weighted average shares outstanding, basic

 

115,757

 

 

 

114,636

 

 

 

115,592

 

 

 

114,365

 

      Dilutive effect of options and RSUs

 

1,162

 

 

 

2,057

 

 

 

1,134

 

 

 

2,330

 

     Weighted average shares outstanding, diluted

 

116,919

 

 

 

116,693

 

 

 

116,726

 

 

 

116,695

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

     Basic

$

0.58

 

 

$

0.49

 

 

$

0.89

 

 

$

0.70

 

     Diluted

$

0.57

 

 

$

0.49

 

 

$

0.88

 

 

$

0.68

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Antidilutive and contingent options and RSUs excluded from diluted EPS

 

325

 

 

 

588

 

 

 

659

 

 

 

345