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Earnings Per Share Attributable to Common Stockholders (Tables)
6 Months Ended
Jun. 30, 2015
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 three and six months ended June 30, 2015 and 2014:

 

Three Months Ended June 30, 2015

 

 

 

Three Months Ended June 30, 2014

 

 

Income

(Numerator)

 

 

Shares

(Denominator)

 

 

Per  Share

Amount

 

 

 

Income

(Numerator)

 

 

Shares

(Denominator)

 

 

Per  Share

Amount

 

 

(in thousands, except per share data)

 

Net income

$

9,352

 

 

 

 

 

 

 

 

 

 

 

$

2,692

 

 

 

 

 

 

 

 

 

Preferred stock tax distributions

 

 

 

 

 

 

 

 

 

 

 

 

 

(320

)

 

 

 

 

 

 

 

 

Basic EPS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to common stockholders

 

9,352

 

 

 

84,116

 

 

$

0.11

 

 

 

 

2,372

 

 

 

78,042

 

 

$

0.03

 

Effect of Dilutive Securities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Preferred stock

 

 

 

 

 

 

 

 

 

 

 

 

320

 

 

 

636

 

 

 

 

 

Stock options

 

 

 

 

1,702

 

 

 

 

 

 

 

 

 

 

 

3,396

 

 

 

 

 

Restricted stock units and restricted stock awards

 

 

 

 

15

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted EPS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to common stockholders

$

9,352

 

 

 

85,833

 

 

$

0.11

 

 

 

$

2,692

 

 

 

82,074

 

 

$

0.03

 

 

 

Six Months Ended June 30, 2015

 

 

 

Six Months Ended June 30, 2014

 

 

Income

(Numerator)

 

 

Shares

(Denominator)

 

 

Per  Share

Amount

 

 

 

Income

(Numerator)

 

 

Shares

(Denominator)

 

 

Per  Share

Amount

 

 

(in thousands, except per share data)

 

Net income

$

19,922

 

 

 

 

 

 

 

 

 

 

 

$

7,045

 

 

 

 

 

 

 

 

 

Preferred stock tax distributions

 

 

 

 

 

 

 

 

 

 

 

 

 

(320

)

 

 

 

 

 

 

 

 

Basic EPS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to common stockholders

 

19,922

 

 

 

83,449

 

 

$

0.24

 

 

 

 

6,725

 

 

 

66,626

 

 

$

0.10

 

Effect of Dilutive Securities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Preferred stock

 

 

 

 

 

 

 

 

 

 

 

 

320

 

 

 

9,960

 

 

 

 

 

Stock options

 

 

 

 

2,008

 

 

 

 

 

 

 

 

 

 

 

3,268

 

 

 

 

 

Restricted stock units and restricted stock awards

 

 

 

 

8

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted EPS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to common stockholders

$

19,922

 

 

 

85,465

 

 

$

0.23

 

 

 

$

7,045

 

 

 

79,854

 

 

$

0.09