Earnings Per Share

9 Months Ended

Sep. 30, 2015

5.	EARNINGS PER SHARE

The following table sets forth the details of basic and diluted earnings per share (“EPS”):


	Three months ended September 30
In thousands, except per share	2015		2014
Net income	$	13,504	$	30,372

Weighted average common shares outstanding used in basic EPS		43,457		43,049
Common shares issuable upon exercise of dilutive stock options and PSAs / RSUs		408		792

Weighted average common shares outstanding and common share equivalents used in diluted EPS		43,865		43,841

Earnings per share
Basic	$	0.31	$	0.71
Diluted		0.31		0.69


	Nine months ended September 30
In thousands, except per share	2015		2014
Net income	$	30,277	$	49,689

Weighted average common shares outstanding used in basic EPS		43,363		43,233
Common shares issuable upon exercise of dilutive stock options and PSAs / RSUs		586		878

Weighted average common shares outstanding and common share equivalents used in diluted EPS		43,949		44,111

Earnings per share
Basic	$	0.70	$	1.15
Diluted		0.69		1.13

The following table sets forth potential common shares outstanding for stock options and restricted stock units that were not included in the computation of diluted EPS for the period indicated, because their effect would be anti-dilutive:


	September 30
In thousands	2015		2014
Three months ended		696		282
Nine months ended		696		282