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Earnings Per Share Attributable to Common Stockholders (Tables)
12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
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 years ended December 31, 2014, 2013 and 2012:

 

 

 

Year Ended December 31, 2014

 

 

 

Income

(Numerator)

 

 

Shares

(Denominator)

 

 

Per  Share

Amount

 

 

(in thousands, except per share data)

 

Net income

 

$

24,263

 

 

 

 

 

 

 

 

 

Preferred stock tax distributions

 

 

(320

)

 

 

 

 

 

 

 

 

Basic EPS

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to common stockholders

 

 

23,943

 

 

 

73,571

 

 

$

0.33

 

Effect of Dilutive Securities

 

 

 

 

 

 

 

 

 

 

 

 

Preferred stock

 

 

320

 

 

 

4,980

 

 

 

 

 

Stock options

 

 

 

 

 

3,147

 

 

 

 

 

Diluted EPS

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to common stockholders

 

$

24,263

 

 

 

81,698

 

 

$

0.30

 

 

 

 

Year Ended December 31, 2013

 

 

 

Income

(Numerator)

 

 

Shares

(Denominator)

 

 

Per Share

Amount

 

 

(in thousands, except per share data)

 

Net income

 

$

6,747

 

 

 

 

 

 

 

 

 

Preferred stock tax distributions

 

 

(1,073

)

 

 

 

 

 

 

 

 

Basic EPS

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to common stockholders

 

 

5,674

 

 

 

40,681

 

 

$

0.14

 

Effect of Dilutive Securities

 

 

 

 

 

 

 

 

 

 

 

 

Preferred stock

 

 

1,073

 

 

 

14,390

 

 

 

 

 

Stock options

 

 

 

 

 

1,574

 

 

 

 

 

Diluted EPS

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to common stockholders

 

$

6,747

 

 

 

56,645

 

 

$

0.12

 

 

 

 

Year Ended December 31, 2012

 

 

 

Income

(Numerator)

 

 

Shares

(Denominator)

 

 

Per Share

Amount

 

 

(in thousands, except per share data)

 

Net income

 

$

7,919

 

 

 

 

 

 

 

 

 

Preferred stock tax distributions

 

 

(402

)

 

 

 

 

 

 

 

 

Basic EPS

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to common stockholders

 

 

7,517

 

 

 

31,320

 

 

$

0.24

 

Effect of Dilutive Securities

 

 

 

 

 

 

 

 

 

 

 

 

Preferred stock

 

 

402

 

 

 

11,185

 

 

 

 

 

Stock options

 

 

 

 

 

161

 

 

 

 

 

Diluted EPS

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to common stockholders

 

$

7,919

 

 

 

42,666

 

 

$

0.19