Net Income per Share (Tables)

6 Months Ended

Jun. 30, 2017

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



	Three months ended June 30,						Six months ended June 30,
	2017			2016			2017			2016
	(In thousands, except per share data)
Numerator for basic and diluted income per common share:
Net income	$	21,280		$	26,829		$	35,643		$	52,372
Less: Net income allocated to unvested participating restricted stock	(342		)	(384		)	(602		)	(766		)
Net income available to common stockholders - basic	20,938			26,445			35,041			51,606
Effect of unvested participating restricted stock in two-class calculation	—			1			—			1
Net income available to common stockholders - diluted	$	20,938		$	26,446		$	35,041		$	51,607
Denominator:
Weighted average outstanding shares of common stock - basic	17,719			18,085			17,707			18,173
Dilutive effect of stock options	6			103			14			107
Weighted average outstanding shares of common stock - diluted	17,725			18,188			17,721			18,280
Net income per common share:
Basic	$	1.18		$	1.46		$	1.98		$	2.84
Diluted	$	1.18		$	1.45		$	1.98		$	2.82