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EARNINGS PER SHARE
 6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Earnings Per Share
EARNINGS PER SHARE
Basic earnings per share (“EPS”) is computed based on the weighted-average number of shares of common stock outstanding. Diluted EPS is computed based on the weighted-average number of shares of common stock outstanding plus common stock equivalents assuming exercise of stock options, where dilutive. Stock-based awards of approximately 4.1 million and 3.0 million were outstanding during the three and six month periods ended June 30, 2017, respectively, and approximately 2.7 million shares and 2.0 million shares were outstanding during the three and six month periods ended June 30, 2016, respectively, but were excluded from the calculation of diluted EPS for the periods then ended because the effect of the awards is anti-dilutive. The following is a calculation of basic and diluted earnings per share and weighted-average shares outstanding (in thousands, except per share amounts):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2017
 
2016
 
2017
 
2016
Net income
$
1,822

 
$
4,854

 
$
3,162

 
$
5,965

 
 
 
 
 
 
 
 
Weighted-average shares outstanding—basic
47,953

 
48,607

 
47,775

 
49,034

Add shares issuable from stock-based awards
315

 
672

 
533

 
816

Weighted-average shares outstanding—diluted
48,268

 
49,279

 
48,308

 
49,850

 
 
 
 
 
 
 
 
Basic earnings per share
$
0.04

 
$
0.10

 
$
0.07

 
$
0.12

Diluted earnings per share
$
0.04

 
$
0.10

 
$
0.07

 
$
0.12