Earnings Per Share Attributable to Common Stockholders (Tables)

6 Months Ended

Jun. 30, 2014

Computation of Basic and Diluted Net Income Per Share

The following table presents the calculation of basic and diluted net income per share attributable to common stockholders for the three months ended June 30, 2014 and 2013:

	Three Months Ended June 30, 2014							Three Months Ended June 30, 2013
	Income			Shares		Per  Share		Income			Shares		Per  Share
	(Numerator)			(Denominator)		Amount		(Numerator)			(Denominator)		Amount
	(in thousands, except per share data)
Net income	$	2,692						$	1,823
Preferred stock tax distributions		(320	)						(648	)
Basic EPS
Net income attributable to common stockholders		2,372			78,042	$	0.03		1,175			31,373	$	0.04
Effect of Dilutive Securities
Preferred stock		320			636				648			11,186
Stock options		—			3,396				—			1,007
Diluted EPS
Net income attributable to common stockholders	$	2,692			82,074	$	0.03	$	1,823			43,566	$	0.04

The following table presents the calculation of basic and diluted net income per share attributable to common stock holders for the six months ended June 30, 2014 and 2013:

	Six Months Ended June 30, 2014							Six Months Ended June 30, 2013
	Income			Shares		Per  Share		Income			Shares		Per  Share
	(Numerator)			(Denominator)		Amount		(Numerator)			(Denominator)		Amount
	(in thousands, except per share data)
Net income	$	7,045						$	3,079
Preferred stock tax distributions		(320	)						(648	)
Basic EPS
Net income attributable to common stockholders		6,725			66,626	$	0.10		2,431			31,368	$	0.08
Effect of Dilutive Securities
Preferred stock		320			9,960				648			11,186
Stock options		—			3,268				—			802
Diluted EPS
Net income attributable to common stockholders	$	7,045			79,854	$	0.09	$	3,079			43,356	$	0.07