XML 15 R39.htm IDEA: XBRL DOCUMENT v2.4.1.9
EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share of common stock as follows:
 
 
For the Years Ended December 31,
 
 
2014
 
2013
 
2012
Numerator for common earnings per share:
 
 
 
 
 
 
Net income
 
$
69,641

 
$
61,994

 
$
54,484

Net income allocated to participating securities
 

 

 
(3,341
)
Numerator for basic earnings per share
 
69,641

 
61,994

 
51,143

Effect on income available from reallocation of options
 

 

 
261

Numerator for diluted earnings per share
 
$
69,641

 
$
61,994

 
$
51,404

 
 
 
 
 
 
 
Denominator for basic earnings per share:
 
 

 
 

 
 
Weighted average common shares outstanding
 
47,189

 
45,754

 
40,190

Effect of dilutive securities:
 
 
 
 
 
 
Stock options, RSUs and performance-based awards
 
2,545

 
2,604

 
3,631

Denominator for diluted earnings per share
 
49,734

 
48,358

 
43,821

 
 
 
 
 
 
 
Net income per share:
 
 

 
 

 
 
Basic
 
$
1.48

 
$
1.35

 
$
1.27

Diluted
 
$
1.40

 
$
1.28

 
$
1.17