Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2016

Schedule of Reconciliation of Numerators and Denominators of Basic and Diluted Earnings per Share Computations

The following table sets forth the reconciliation of numerators and denominators of basic and diluted earnings per share computations for the three months ended March 31, 2016 and 2015 (in thousands, except per share amounts):

	Three Months Ended
	March 31,
	2016		2015
Numerator:
Net income	$	9,863	$	24,530
Denominator:
Total weighted average basic shares		33,142		33,000
Shares applicable to stock-based compensation		45		8
Total weighted average diluted shares		33,187		33,008
Net income – basic	$	0.30	$	0.74
Net income – diluted	$	0.30	$	0.74