Net Income per Share (Tables)

3 Months Ended

Mar. 31, 2016

The computation of the Company's basic and diluted net income per share is as follows:



		Three months ended March 31,
		2016			2015
	(In thousands, except per share data)
Numerator for basic and dilutive income per common share:
Net income		$	25,543		$	28,412
Less: Net income allocated to unvested participating restricted stock		(382		)	(372		)
Net income available to common stockholders - basic		25,161			28,040
Effect of unvested participating restricted stock in two-class calculation		1			2
Net income available to common stockholders - diluted		$	25,162		$	28,042
Denominator:
Weighted average outstanding shares of common stock - basic		18,260			18,870
Dilutive effect of stock options		113			149
Weighted average outstanding shares of common stock - diluted		18,373			19,019
Net income per common share:
Basic		$	1.38		$	1.49
Diluted		$	1.37		$	1.47