XML 53 R15.htm IDEA: XBRL DOCUMENT v2.4.0.8
EARNINGS PER SHARE
 9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
EARNINGS PER SHARE
The following table sets forth the computation of basic and diluted earnings per share of common stock as follows:

 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
 
2014
 
2013
 
2014
 
2013
Numerator for common earnings per share:
 
 
 
 
 
 
 
Net income
$
19,040

 
$
16,437

 
$
51,218

 
$
43,235

Numerator for basic and diluted earnings per share
$
19,040

 
$
16,437

 
$
51,218

 
$
43,235

 
 
 
 
 
 
 
 
Denominator for basic earnings per share:
 

 
 

 
 
 
 
Weighted average common shares outstanding
47,315

 
46,162

 
47,058

 
45,492

Effect of dilutive securities:
 
 
 
 
 
 
 
Stock options, RSUs and performance-based awards
2,514

 
2,558

 
2,472

 
2,628

Denominator for diluted earnings per share
49,829

 
48,720

 
49,530

 
48,120

 
 
 
 
 
 
 
 
Net income per share:
 

 
 

 
 
 
 
Basic
$
0.40

 
$
0.36

 
$
1.09

 
$
0.95

Diluted
$
0.38

 
$
0.34

 
$
1.03

 
$
0.90


During the three and nine months ended September 30, 2014, a total of 2,691 and 2,152 shares underlying equity-based awards, respectively, were outstanding but were not included in the computation of diluted earnings per share because the effect was anti-dilutive. During the three and nine months ended September 30, 2013, a total of 1,873 and1,399 shares underlying equity-based awards, respectively, were outstanding but were not included in the computation of diluted earnings per share because the effect was anti-dilutive.