EARNINGS PER COMMON SHARE

12 Months Ended

Dec. 31, 2015

The following table illustrates the computation of basic and diluted earnings per share for the years ended December 31, 2015, 2014 and 2013 (in thousands, except share and per share amounts):



	Year Ended December 31,
	2015		2014		2013
Numerator
Net income attributable to common stockholders	$	69,171	$	36,710	$	25,749

Denominator
Basic weighted average common shares and common equivalents	62,235,014		46,351,544		37,514,637
Dilutive stock options and restricted stock units	225,225		537,987		557,289

Diluted weighted average common shares	62,460,239		46,889,531		38,071,926

Net income attributable to common stockholders, per:

Basic common share	$	1.11	$	0.79	$	0.69

Diluted common share	$	1.11	$	0.78	$	0.68

Certain restricted stock units are considered participating securities because dividend payments are not forfeited even if the underlying award does not vest. Accordingly, the Company uses the two-class method when computing basic and diluted earnings per share. During the years ended December 31, 2015, 2014 and 2013, approximately 76,000, 54,000 and 46,000 restricted stock units, respectively, were not included because they were anti-dilutive. No stock options were outstanding during the year ended December 31, 2015 and no stock options were considered anti-dilutive during the years ended December 31, 2014 and 2013.