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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2016
Earnings Per Share  
Summary of basic and diluted income per share

The following is a summary of basic and diluted net income per share (in thousands, except share and per share amounts):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30,

 

Nine Months Ended September 30,

 

 

  

2016

  

2015

  

2016

  

2015

 

Net income attributable to common shares

 

$

12,180

 

$

6,920

 

$

35,476

 

$

17,026

 

Weighted-average common shares outstanding - basic

 

 

33,425,762

 

 

26,126,332

 

 

31,906,000

 

 

24,029,106

 

Effect of potentially dilutive common shares:

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock options

 

 

192,272

 

 

238,386

 

 

197,166

 

 

329,833

 

Unvested awards

 

 

294,121

 

 

184,819

 

 

258,201

 

 

185,673

 

Weighted-average common shares outstanding - diluted

 

 

33,912,155

 

 

26,549,537

 

 

32,361,367

 

 

24,544,612

 

Net income per share attributable to common shares

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.36

 

$

0.26

 

$

1.11

 

$

0.71

 

Diluted

 

$

0.36

 

$

0.26

 

$

1.10

 

$

0.69